January 2017 - Scotland rental market starts 2017 on a high
Arrears levels remain flat
Tenant arrears increased slightly following the Christmas period, Your Move Scotland found. Across all of Scotland some 11.75% of tenancies had arrears of one day or more during January 2017. This is higher than the 10.8% rate recorded in November 2016.
Scotland’s arrears rate for this month remains above the level found in England and Wales. Across those two nations the average rate of arrears was 9.1% during January.
On an absolute basis, the number of Scottish households in serious arrears – defined as two months or more – was 10,413 in January 2017.