Wednesday, 27 May 2020

The UK Must Freeze Private Rents Now – Or Thousands Will Be Made Homeless


In March, the government announced a three-month suspension of evictions and a marginal restoration of housing benefit to 2015 levels. The suspension is scheduled to end in mid-June, and has not been extended, leaving renters fearing for the future. With their median weekly household earnings already £161 lower than mortgage holders’, private renters’ housing costs on average eat up around a third of total household income. And this is before the effects of the recession. Recent analysis from the New Economics Foundation found that a minimum-wage worker who loses their job and has to rely on universal credit will have their income cut by 45%. Read more on the Guardian website.

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