Friday 9 December 2011

Over 70% of possession claims 'driven by rent arrears'

Nearly half (45%) of private landlords have experienced rental arrears in the last three months, with 72% of those who have sought possession driven to do so by rent arrears, according to new research.

The figures come as market research agency BDRC Continental - responsible for the data - warns that increased demand and the rising cost of maintaining property mean private tenants are likely to face a rise in rental rates this winter.

It said other reasons for seeking possession include anti-social behaviour, which contributed to nearly half of possessions

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