Housing Crisis Taking Its Toll on Private Renters

More than a third of private renters in Great Britain fear having to move out of their local area because of the high cost of housing, according to a new survey. The CIH/Ipsos MORI poll questioned adults aged 16-75 online across Great Britain.  Thirty-nine per cent of those living in private rented homes agree they might have to leave their local area in the future because the cost of housing is too high, compared with 20 per cent across Great Britain as a whole. The survey also found that:

• Four in ten private renters (40%) are concerned about being able to pay the rent right now (Great Britain average: 24%)
• 43% are concerned they won’t be able to meet their monthly payments in 12 months’ time (GB average: 29%)
• Half (48%) say concerns about their housing costs are causing them a great deal or fair amount of stress (GB average: 32%)

Read more on the CIH website.