Monday, 8 July 2013

More People Are Falling Badly Behind On Their Rent

Between April and June the number of tenants in severe rental arrears - defined as being more than two months behind on payments -  rose by 3.3 per cent over the previous three months, according to figures from LSL Property Services.  The number of tenants in severe arrears rose by 3,000 to 98,000 in the same period, making it the third highest level on record. Those in serious arrears now represent 2.4 per cent of all tenancies in England and Wales.  Read more on the Independent website.

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