The proportion of tenants in arrears dropped to 11.8% in October November, down from 12.2% in August, Payprop data shows. The number of tenants in arrears spiked during September, to 15.1%, although this remains below the 2020 peak of 15.5% recorded in May. Neil Cobbold, chief sales officer at PayProp, said: “The general downward trend […]
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