Letting Agents Sheffield

Average rent debts still owed by renters as a result of the pandemic have increased by 41 percent since May 2021, according to new NRLA (National Residential Landlords Association) research.

A survey of over 2,000 private renters in England and Wales for the NRLA found that average COVID-19 related rent arrears owed by affected tenants had increased to £1,270, up from £900 in May.

The Government recently announced a £65 million fund to cover rent arrears built during the pandemic in England.

For those in receipt of Universal Credit, the NRLA is calling on the Government to reverse its damaging decision to freeze the housing cost support element.

The NRLA is calling for councils to ensure tenants who need it can access the funding swiftly.

If you need advice on this matter and would like to speak to one of our team members please contact us via: hello@horizonlets.com

 

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