According to a survey among 755 residential landlords based in the United Kingdom (UK) in 2019, landlords spent an average of 3.1 thousand British pounds annually on their portfolio. The biggest costs were associated with boilers and renovations or refurbishments at 370 British pounds. Repairing flooring and structural damage cost on average 322 and 313 British pounds per landlord annually.
Average annual spend on rental property repairs by landlords in the United Kingdom (UK) in 2019, by type of repair
(in GBP)
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LV= General Insurance. (January 17, 2020). Average annual spend on rental property repairs by landlords in the United Kingdom (UK) in 2019, by type of repair (in GBP) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/800787/average-repair-costs-for-residential-rental-properties-united-kingdom/
LV= General Insurance. "Average annual spend on rental property repairs by landlords in the United Kingdom (UK) in 2019, by type of repair (in GBP)." Chart. January 17, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/800787/average-repair-costs-for-residential-rental-properties-united-kingdom/
LV= General Insurance. (2020). Average annual spend on rental property repairs by landlords in the United Kingdom (UK) in 2019, by type of repair (in GBP). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/800787/average-repair-costs-for-residential-rental-properties-united-kingdom/
LV= General Insurance. "Average Annual Spend on Rental Property Repairs by Landlords in The United Kingdom (Uk) in 2019, by Type of Repair (in Gbp)." Statista, Statista Inc., 17 Jan 2020, https://www.statista.com/statistics/800787/average-repair-costs-for-residential-rental-properties-united-kingdom/
LV= General Insurance, Average annual spend on rental property repairs by landlords in the United Kingdom (UK) in 2019, by type of repair (in GBP) Statista, https://www.statista.com/statistics/800787/average-repair-costs-for-residential-rental-properties-united-kingdom/ (last visited November 21, 2024)
Average annual spend on rental property repairs by landlords in the United Kingdom (UK) in 2019, by type of repair (in GBP) [Graph], LV= General Insurance, January 17, 2020. [Online]. Available: https://www.statista.com/statistics/800787/average-repair-costs-for-residential-rental-properties-united-kingdom/