8th November 2024
Rent arrears climb almost a quarter over 12 months
The average rent arrears claim climbed to £2,064 in Q3 – a rise of 22% from £1,694 a year earlier. Throughout Q3, both tenants and landlords continued to experience high interest rates and increasing rents. Throughout July and August, the interest rate remained high at 5.25% and only fell marginally by 0.25%...
