Tenants’ arrears climb as rents peak at record highs

Tenant arrears have risen in Scotland, to stand at 9.6% of rent due.

Reporting this morning on July, Your Move said that rent arrears in Scotland have been rising – up from 6.2% a year ago.

Scottish tenants are also more significantly in arrears than their English and Welsh counterparts, who were 8.4% in arrears by the end of July.

Your Move also reports that rents across Scotland have peaked at record levels – averaging £549 per month.

Scottish rents are now 2.8% more than a year ago.

x

Email the story to a friend

Leave a reply

Thank you for signing up to our newsletter, we have sent you an email asking you to confirm your subscription. Additionally if you would like to create a free EYE account which allows you to comment on news stories and manage your email subscriptions please enter a password below.