Monday 21 September 2020

One In Four Concerned About Paying The Rent

 There has been a rise in the number of letting agents reporting rental arrears with huge swathes of tenants admitting that they are anxious about meeting their rental obligations following the pandemic. The data found that large numbers are considering moving to a new property as working from home becomes the norm and financial situations shift. A quarter of the 2,750 tenants expressed concerns about paying the rent, with 12.5% saying that they had either missed rental payments due to COVID-19 or had to make alternative arrangements in order to pay their rent. An additional 12% said they were concerned about their ability to pay their rent going forward. Read more on the Property Reporter website. 

https://www.propertyreporter.co.uk/landlords/one-in-four-concerned-about-paying-the-rent.html

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