Almost three-quarters of landlords are bracing themselves for a rise in the number of tenants falling behind with their rent. About 71% of buy-to-let investors expect rent arrears to increase next year, up from one-third today, the National Landlords Association said.

The ARLA also said the rise in people forced to rent out their home because they cannot sell it had led to an oversupply in the rental market. The problem was particularly noticeable in central London, it said.

Financial Times

Topics