% of rent collected from tenants
This indicator measures the amount of tenant’s rent we collect. Throughout the year our target is to collect more than 100% in rent. The extra income is made up of tenant arrears from previous years and from former tenants who left whilst still in arrears.
Figures from November 2018.
There was a slight dip in performance with 95.4% being our lowest monthly performance for November in the last 5 years. Performance in November 2017 was 96.2% although actual income received for November 2018 was £1,167,666 compared to £1,114,930 in November 2017. Year to date performance of 98.9% is higher than in November 2017 which was 98.2%.