Social Housing Arrears 40% Higher In Areas With Tighter Local Restrictions

The level of rent arrears reported by social landlords operating in areas with tighter COVID-19 restrictions in October was 40% higher than in those with the lowest level of restrictions. Data obtained by HouseMark shows that the overall level of arrears within the social housing sector continued to fall marginally to the end of October, when sector-wide arrears stood at 3.48% compared with a peak of 3.69% in June. However, the survey picked up on a regional variation in arrears, with those operating in areas with higher-tier restrictions reporting average arrears of 4.28% compared with 3.07% in areas with lower restrictions. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/social-housing-arrears-40-higher-in-areas-with-tighter-local-restrictions-survey-shows-68922