Average arrears rose from £1,802 to £2,597 last year which is a rise of 44% says deposit alternative firm Reposit.

There were over 12,500 buy-to-let mortgages in arrears of 2.5% or more of the outstanding balance during Q4 2024.

Rent arrears jumped by 44% to an average of £2,597 during the final three months of 2024, latest year-on-year figures reveal, while on a quarterly basis they increase by 26%.

The scheme, launched by charity Hubbub and reuse start-up Reposit, aims to expand across Scotland and the UK if the project is successful in its initial three-month period. Customers purchasing a ...

Soaring rent arrears leave UK landlords exposed to £1,000+ shortfalls. New data highlights growing financial risks amid cost of living crisis.

Deposit alternative provider Reposit gained 243 new agency or Build To Rent partners in 2024, in what the firm claims is a ...