Tenants in Scotland More Likely to be in Arrears
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Tenants in Scotland More Likely to be in Arrears
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Tenants in Scotland More Likely to be in Arrears
Rent arrears have increased in Scotland, to 9.6% of all rents in July.
Your Move reveals that the level of tenant arrears in Scotland has been growing, from 6.2% in July last year.
Scottish tenants are also more likely to be in arrears than renters in England and Wales, 8.4% of which were in arrears at the end of July.
Additionally, Your Move found that rents in Scotland have hit record highs, rising to an average of £549 per month.
Scottish renters now pay 2.8% more than they did last year.
