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 ...

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

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