Government Urged To Step In And Pay Off Escalating Rent Debts

The latest analysis shows that there are an estimated 840,000 private tenants who have built rent arrears since lockdown measures began, with many likely to lose their homes in the long term as a result. A year on from the first ban on the repossession of rented homes, the latest research from the National Residential Landlords Association has revealed that with no action possible against them, these debts are increasing to the point where there is no hope of many being able to afford to pay them back. The outcome will be that most will have to leave their homes as emergency measures taper down from June. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/landlords/crisis-in-the-prs-government-urged-to-step-in-and-pay-off-escalating-rent-debts.html