Recent research, which was carried out on behalf of the service, has raised concerns over the growing number of novice landlords holding buy-to-let mortgages.
The RPTS warns that people who are inexperienced in the world of lettings could find themselves not knowing where to turn in the event of a property dispute, reports City Wire.
Chief executive of the RPTS Michael Ross said: “With the significant number of people now choosing to rent instead of own their property we are concerned that there is a new generation of novice tenants and landlords who, faced with a potentially stressful dispute involving their property, simply do not know where to turn.”
The study found that in the last few years almost one fifth of landlords who had taken out buy-to-let mortgages had little or no experience in letting a home.
Further concerns have been raised over the lack of experience held by the two thirds who have been landlords for less than ten years.
Problems faced by amateur investors include not factoring in costs such as insurance, maintenance, management fees and void periods where the property is vacant.
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