Zoopla noted that a small but growing number of renters are falling behind on their rent - 8 per cent compared to 4 per cent in the previous six months.
“Landlords will need to support renters and manage rising arrears. Higher rents are manageable at this stage for many, but this will vary across markets,” the Zoopla report stated.
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Last week, FTAdviser reported that as the average buy-to-let fixed-mortgage rate edges further above 6 per cent, many buy-to-let investors are now confronted with the choice of increasing rents or selling up.
jane.matthews@ft.com
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