UK private rented sector sees fewer serious arrears and landlords finances healthy

Tenants in the UK private rented sector are now less likely to suffer from a serious build-up of arrears with just 1.6% of tenancies in this position, the latest research shows. The number who had moved out of series rent arrears improved by 1.5% in the final quarter of 2015 compared to the previous quarter, according to the latest Tenant Arrears Tracker by estate agency chains Your Move and Reeds Rains. This reverses some of a deteriorating trend throughout the earlier parts of 2015. There were...