Rent collection drops at Triple Point as providers face challenges

Chris Phillips, Triple Point, chair

Rent collection at Triple Point fell below historic levels due to arrears at two of its providers – My Space Housing Solutions and Parasol Homes. Collection dropped to 91.8% from 100%, its full-year results showed, as its 395 leases generated rental income of £39m as at 31 December 2022 (2021: £35.8m). The investor has been…

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