Over 800,000 private renters in England and Wales have built rent arrears since lockdown measures began according to estimates. A survey of tenants for the National Residential Landlords Association suggests that 7 per cent of private renters have built arrears due to Covid. Applied across the sector that would amount to 840,000 tenants. Whilst the average arrears were between £251 and £500, the survey finds that of those in arrears, 18% now have rent debts of more than £1,000. This would equate to over 150,000 renters. The survey finds that younger people and the self-employed are most likely to have been affected. Read more on the NRLA website.
https://www.nrla.org.uk/news/over-eight-hundred-thousand-renters-in-arrears-due-to-covid
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