February 2017 - Rental market has strong start to 2017
Tenant finances worsen slightly
The financial situation of tenants worsened slightly between December and January. The percentage of tenancies with arrears of a day or more reached 9.1% in January. This is higher than the 8.7% found in December but may be down to seasonal factors such as Christmas.
On an absolute basis, the number of households in serious arrears – defined as two months or more – was 29,158 in January 2017. This is above the 21,080 cases recorded in the previous month..