Tenants arrears up 10.2% in Q1
The number of tenants in financial difficulty was 10.2% in the first quarter of 2012 and the number of court eviction orders has gone up 9% in the last year. This is according to Templeton LPA, part of LSL Property Services.
Their report shows that an average of 94,400 tenants in England and Wales were in severe arrears in quarter one. Tenancies in arrears represented 2.4% of all properties in the private rental sector in England and Wales Q1 2012.
April 5, 2012