London Renters Becoming Homeless Increases 700%

The number of people in London becoming homeless due to the ending of shorthold tenancies – the type most commonly held by private renters – has increased more than sevenfold since 2009/10. According to a report released by the CLG, 6,790 London households in 2014/15 were made homeless following the end of their tenancies, up from just 930 households five years before. It means that 39 per cent of the London households that became homeless were for that reason, compared to just the 1 per cent of those who had their homes repossessed due to mortgage arrears. Read more on the Independent website.