Arrears climb as rents reach all-time high

This strikes me as one of the strangest headlines ever “Arrears climb as rents reach all-time high ” – perhaps it’s just not strange, just something that should probably cause landlords to stop and think.

The article goes on to say “It says that 10.7% of all UK rent was unpaid or late by the end of August – up from the 9% of rent unpaid or late in July. ” and “Rents rose by their fastest rate in a year in August, bouncing up 1.2%, ”

The findings are in this morning’s new buy-to-let report from LSL, which owns national chains Your Move and Reeds Rains.

article available here on Landlord Today

Rents going up and tenants struggling to pay? Could these two be related?

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