TPN Residential Rental Monitor Q1
2013
As a
result of the shortage of residential rental stock, rental agents and landlords
are in the fortunate position of being able to pick and choose only quality
tenants. The current scenario is further characterised by an on-going
improvement of tenants considered to be in good standing, with Q1 of 2013
strengthening to a record 84%, which includes sub-categories of 71% of tenants
who Paid on Time, plus 3% paid in the Grace Period and 10% Paid Late. Pleasingly
only 8% of tenants were recorded as being in the Did not Pay category while 8%
made a Partial Payment.
Click here to read
the full TPN
Residential Rental Monitor
While TPN’s
Residential Tenants in Good Standing continues to improve; TransUnion’s SA
Consumer Credit Index continues to decline and the National Credit Regulator’s
Credit Report rings alarm bells for unsecured lending.
TPN continues to
caution landlord’s and rental agents to perform strict tenant, credit and
affordability assessments and apply their credit and application process to all
potential adult occupants (i.e. both spouses).
TransUnion SA
Consumer Credit Index Q2 2013
The
TransUnion SA Consumer Credit Index (CCI) decreased to 43.6 in Q2 2013
from a revised 43.8 in Q1 2013 (preliminary 44.4). The index is a measure of
consumer credit health where 50.0 is the break-even level between improvement
and deterioration. Consumer credit health has now been deteriorating for four
straight quarters.
National Credit
Regulator Consumer Credit Market Report Q4 2012
Notable extracts:
unsecured credit book grew by 40.95% year-on-year; but the deterioration of the
unsecured credit is a cause for concern with only 65.89% of the accounts in
current; or stated differently 34.11% of the 8.5 million unsecured credit
accounts are in arrears.
Click here to read
the full National
Credit Regulator Consumer Credit Market Report Q4 2012
Tenant Profile Network
No comments:
Post a Comment