British tenants are falling futher behind in their rent payments, according to a benchmark survery of arrears, amid one of the most difficult economies in a generation.
The total amount of late or unpaid rent in England and Wales in December stood at £326m (€389m, $521m), up from £241m in November, reaching the highest level in nearly a year according to LSL Property Services' latest buy-to-let index. The rental dues represent 10.1 percent of all rent.
"After two months of improvements, the festive period has taken its toll on tenants' finances. December always...(Continue Reading)
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