The number of universal credit claimants at least two months behind on rent soared by 70 per cent in the first half of this year, according to new analysis. Official figures show around 190,000 people in England who receive universal credit were in severe rent arrears by May this year. This compares to just over 110,000 people at least two months late on rent payments as of December 2020. This does not take into account people who have been behind on their rent for just one month or those who have fallen into arrears since May. Read more on the Big Issue website.
Average mortgage for UK first-time buyer hits record high of £210,800
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People able to buy homes previously beyond budget, aided by rising wages
and looser affordability tests
First-time buyers are taking out larger mortgages...
9 hours ago
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