Rent arrears fall say LSL

The latest LSL property services data on rent arrears shows a drop in those tenants severely behind on rent.

This comes as a surprise to me, I thought with QE and downward pressure on wages, households would be tiptoeing the tight rope of financial ruin - apparently not.

• In the past year the number of tenants severely behind on rental payments has fallen by 9%.
• 98.6% of private sector tenants are not in significant rent arrears 
• Court order evictions have dropped 16% in latest quarter 
• The number of UK households two months behind on rent or more is now  65,200  compared to 71,700 in Q3 2013. 

Download the LSL property services Tenant arrears tracker Q3 2014 pdf



Take advantage of our discounted landlord insurance rates