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Rental voids fall by three days in February: Goodlord


Rental voids fall by three days in February: Goodlord
By
Roger Baird
2
nd March 2021
9:07 am
Average rental voids fell by three days across England last month, with some regions seeing steeper reductions, according to the latest Goodlord Rental Index.
Days where tenants did not pay rent to landlords in England fell to 21 days in February, down from 24 days in January.
The survey said void periods declined in all but one region across England last month, “as the market picked up pace as it headed into spring”.
It added that “that February was another strong month for the lettings market, with rents holding steady and voids falling as tenants start to look beyond the pandemic”. ....

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Over 800,000 renters in arrears, with landlords demanding urgent government support amidst crisis


Around 840,000 private renters in England and Wales have built up rent arrears since lockdown measures began, according to new research.
A survey of tenants for the National Residential Landlords Association, carried out by research consultancy, Dynata, suggested that seven per cent of all private renters had built arrears due to Covid.
Whilst the average arrears were between £251 and £500, the survey found that 18 per cent now have rent debts of more than £1,000, equating to 150,000 individual renters across the private rental sector.
Tenant trouble: The data suggests more renters are falling into arrears with their landlords
Figures provided by the charity, Shelter, have also shown that the number of renters in arrears has more than doubled since August last year.  ....

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