Rising Rents Trigger Surge in Arrears

Summary


With rents in the private sector rising strongly, the number of tenants in severe financial difficulty has climbed rapidly in the last quarter, according to new research by chartered surveyors Templeton LPA.

In the second quarter of 2011, it says, the number of private sector tenancies in England and Wales which are more than two months in arrears jumped by 8,700.

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Extract


Rising Rents Trigger Surge in Arrears

Some 74,500 tenants in England and Wales were...

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