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August 2017 - Bottleneck of housing supply sees rents rise in July

Rising rents squeeze tenant finances

  • Growing rents meant that the financial situation of tenants declined this month as the proportion of renters in arrears grew, Your Move found. The percentage of households in England and Wales in arrears was 13.7% in July 2017, above the 7% recorded a month ago.

  • The proportion of tenants in arrears remains below the all-time high of 14.6%, recorded in February 2010.

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