Monday, 21 September 2020

Rent Arrears Highest In Five Years, Regulator Reveals

Rent arrears at England’s registered providers have reached their highest level in more than five years as unemployment has risen amid the coronavirus crisis, official figures reveal. Following its latest quarterly survey, the Regulator of Social Housing (RSH) reported that tenant arrears in the three months to the end of June were four per cent on a mean basis. This compared to 3.5 per cent in the same period last year. London was the worst affected. The mean average among registered providers in the capital was 5.7 per cent. Read more on the Social Housing website.

https://www.socialhousing.co.uk/home/home/rent-arrears-highest-in-five-years-with-london-worst-hit-regulator-reveals-67758?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60

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