Flat due for renovation but a failure to do it (7)
I believe the answer is:
default
'a failure to do it' is the definition.
I can't tell whether this definition defines the answer.
'flat due for renovation' is the wordplay.
'for renovation' indicates anagramming the letters (I've seen this in other clues).
'flat'+'due'='flatdue'
'flatdue' is an anagram of 'DEFAULT'.
'but' is the link.
Can you help me to learn more?
(Other definitions for default that I've seen before include "Fail to make due payments" , "Fail to pay what's due" , "Don't show up" , "Faulted for failure to meet obligation" , "Act of failing to meet a payment" .)