Property Payment Trends: 2020 vs 2021

By PaymentCheckReports

Property Sector Payment Performance: Slight Improvement Noted in 2021

Property companies showed a marginal improvement in payment performance between 2020 and 2021, with average scores rising from 63.8 to 66.3 out of 100.

The Comparison

  • 2020: 452 companies assessed, achieving an average payment performance score of 63.8.
  • 2021: 467 companies assessed, achieving an average payment performance score of 66.3.

What This Means

The 2.4-point increase suggests a slight positive shift in payment behaviours within the property sector, although the minimal change highlights that significant challenges in timely payments likely persist. An increase in assessed companies also indicates a greater focus on payment analysis. Property companies can calculate the potential impact of late payments with a late payment calculator.

Property sector average payment score increased by 2.4 points, from 63.8 (452 companies) in 2020 to 66.3 (467 companies) in 2021.