rent arrears
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Rental market
Tenancies needing guarantor to proceed leap as Renters’ Rights Bill looms
As the Bill is debated in Parliament, leading proptech providers are warning that guarantors are becoming more necessary and arrears management critical.
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Rental market
Shocking 56% rise in rent arrears threatens further landlord exodus
Average rent arrears surge to £2,237 as Renters' Rights Bill’s tighter eviction rules loom, says CEO of alternative deposit provider, Reposit.
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Rental market
REVEALED: Big jump in rent arrears disputes within PRS revealed
The number of arrears disputes has reached a higher level than during the pandemic, says AML compliance firm FCC Paragon.
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Regulation & Law
NRLA urges Government to stop rent arrears getting out of hand
CEO of the landlord group, Ben Beadle, claims that allowing arrears to build up to three months rather than two will harm tenants and landlords alike.
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Rental market
Rent arrears climb 24% year on year as tenants struggle
The trend is not helped by the cost of rent which has outpaced salary growth by 5.2% over the past 10 years, leaving renters significantly worse-off today than they were a decade ago, says Reposit.
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Housing Market
Poll reveals damage of benefit cuts to renters
The end to a temporary boost in Universal Credit benefit payments to tenants has left thousands in rent arrears.
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Latest property news
Agent warns industry after battling TPO and landlord over disputed arrears
Phil Jones claims TPO judgement will encourage more landlords to claim compensation from agents if tenants fall into rent arrears after a property is handed back.
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Latest property news
BREAKING: £65m rent arrears package announced for struggling tenants
Landlords and letting agents with tenants in arrears are to be helped via a new £65 million rent fund announced by the Government today.
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Latest property news
Chancellor warned over PRS ‘cliff edge’ when furlough scheme ends
NRLA says millions of tenants face bleak financial futures unless Sunak jumps in with a rent arrears relief fund soon.
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Latest property news
‘Scapegoat’ landlords attack Chancellor over lack of support for struggling tenants
NRLA's chief Ben Beadle says some 800,000 tenants are now behind in their rent, 80% of whom have run up these debts during Covid.
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