Tag Archives: LSL

Tenants in severe arrears tops 100,000 Buy to Let News, Cautionary Tales, Landlord News, Latest Articles, Lettings & Management, Property News

The number of tenants in severe arrears has risen to a massive 100,400 as rents continue to rise while the economy and jobs falter. The latest figure is 24% higher than the same period last year.

According to the Tenant Arrears Tracker by Templeton LPA, part of LSL Property Services, the first quarter of 2012 had 7,000 fewer tenants in arrears of two months or more than the quarter just gone. While the amount of tenants in severe arrears has risen, the general level of tenant arrears has dropped as 1% more rent was paid on time than the previous month. By the end of April, 9.9% of rent was paid late, with 8.9% of all rent unpaid or late by the end of May. Continue reading Tenants in severe arrears tops 100,000


Buy to Let Arrears up – But ‘Experts’ Disagree on Why Buy to Let News, Latest Articles, Lettings & Management, Property Market News

Buy to let experts are transmitting mixed messages about the state of the market in two new surveys.

The latest buy to let musings from the Association of Residential Letting Agents highlights the problem of sentiment surveys in the property market.

In a confused rambling, ARLA suggest the market ‘may be softening’ based on month-to-month market movements. Continue reading Buy to Let Arrears up – But ‘Experts’ Disagree on Why


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