Buy to Let index

February 2018 - Strong start to the year for the England and Wales rental market

New year improvement in finances

  • There was a post-Christmas improvement in tenant finances, with the proportion of households in arrears dropping month-on-month.

  • During January 2018, 8.4% of all tenants were found to be in arrears, well below the 12.4% recorded in December. However, it is in line with the 8.8% arrears rate found in November.

  • The proportion of tenants in arrears remains below the all-time high of 14.6%, recorded in February 2010. It is also below the most recent high of 13.7%, found in July 2017.

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