Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
Rent Arrears Shoot Up Since Implementation of Renters Rights Act
Rent arrears have shot up since the implementation of the Renters Rights Act, according to a report by Letting Agent Today. The data has been analysed by Reposit.
The report links the rise in rent arrears to the period following the implementation of the Renters Rights Act. The analysis was carried out by Reposit.
For letting agents and inventory clerks, the headline points to a reported increase in rent arrears since the legislation came into force. The source item does not include further figures, percentages, or commentary beyond the statement that the data was analysed by Reposit.
Source: Letting Agent Today