Landlord insurance clients will be checking the new national crime map (www.police.uk) to see how their own properties match up. The question is, will the map make a difference to the way tenants choose a property to rent? If they look at the map and see several crimes near a house they were thinking of renting they may be put off and start looking elsewhere. This could change the market, with houses in areas perceived as safe being more popular than similar homes in areas that look bad on the map.
One problem is that the map does not take account of the density of the population; it just shows the number of crimes. So, a rural village with just a few houses may appear very safe whereas a more built up area may appear bad even though the rate of crimes per head of population is lower.
Do you think your letting business will be unfairly effected? Let us know