Blog

The percentage of South African tenants in arrears rose to 18.4% in Q2, the highest percentage recorded since the end of 2021.

PayProp's Rental Index for Q2 2023 shows rental growth in all provinces, with national growth rising to 4.4% for the quarter.

The PayProp Rental Index Q1 2023 is available to download for free now.

The PayProp Rental Index Annual Market Report 2022 is available to download now.

In this quarter’s PayProp Rental Index, we see an ongoing recovery and record-high rents despite rising inflation.

Looking back on the second quarter's market performance, we see national and provincial rental growth holding up despite challenging economic conditions.

Making the compliance burden easier to manage, focusing on the minority that don’t comply, putting in place a robust complaints procedure and shouting about the industry’s many successes are all key to improving the reputation of letting agents, according to a major new report into the sector.

We followed up our recent webinar, Trust through transparency – building landlord and tenant confidence in the lettings industry, with a Q&A, inviting agents to ask our panel more about transparency, regulation and the future of our sector.