450,000 Families ‘Behind On Rent Because Of Covid’

Almost half a million UK families are thought to have fallen behind on rent, as a result of the coronavirus crisis, according to the Resolution Foundation. It said more than 750,000 had been behind on housing costs last month. That is 450,000 more than January 2020. "Despite widespread calls for forbearance in the face of the Covid-19 shock, just 3% of private renting families have been able to negotiate a lower rent over the last 10 months," the think tank said in a report. Meanwhile, one in 20 private renters in the UK said they had been refused rent reductions. Read more on the BBC website.

https://www.bbc.co.uk/news/business-56075518