A lettings sector website claims 40 per cent of tenants have seen their ability to pay full or in some cases any rent hit by the Coronavirus crisis.
Ideal Flatmate - which last year raised £2m in new funding for expansion - now says it’s surveyed over 1,000 renters and has revealed what it calls “the collision course set to develop between tenants and their landlords.”
It says the survey shows as many as 40 per cent of current renters have seen their ability to pay rent hit by the coronavirus crisis.
Not being able to keep up with rental payments was the number one concern of current tenants with the ability to pay council tax, financial instability and ‘survival’ also being cited as key areas of fear during the epidemic.
However, 72 per cent of tenants said they felt their home gave them enough space for privacy and ‘alone time.’