Agents tell government: Get a grip on rental debt

Agents tell government: Get a grip on rental debt


Todays other news
The latest addition to the fold is the Clyde Property...
The time to win consent has doubled in London in...
The data has been compiled by SpareRoom...
The claim comes from property data consultancy LonRes...
At the end of a tenancy, tenants can choose to...
New figure revealed for rent increases as every region shows a rise


Letting agents have joined forces with other players in the rental industry to demand the government finally get a grip on rental debt.

ARLA Propertymark has signed an open letter with the National Residential Landlords Association, The Big Issue and Ride Out Recession Alliance, Shelter, the Nationwide Building Society, and StepChange the Debt Charity. 

It says: “Many thousands of private renters and landlords across the country now face rent arrears due to the impact of the pandemic.

“Ministers have failed to address the core problem of debts which have built despite the financial package put in place so far. Indeed, the Chancellor confirmed that housing benefit will not be linked to the cost of renting for future years.

“Renters, landlords and letting agents cannot be expected simply to muddle through indefinitely where they face these financial difficulties. The Government needs to develop an urgent package to help renters in paying off arrears built since March last year.”

It continues: “Without further action, debts will continue to mount, making it far more difficult to sustain tenancies and keep renters in their homes after the pandemic.”

 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Revealed - Where Britain’s overseas property investors come from
The government is giving an extra £41.12m in new funding...
Millions given to councils to clampdown on rogue landlords...
Political uncertainty suggests ongoing landlord exodus, says Knight Frank
Some saw rises, some saw falls - there's no national...
Lettings chief slams red tape for London housing shortfall 
Investors are no longer operating in large numbers...
The government has published the wording for new written statements...
LRG - the former Leaders Romans Group - is issuing...
The government says it will, in the long term, base...
Recommended for you
Latest Features
The latest addition to the fold is the Clyde Property...
The time to win consent has doubled in London in...
The data has been compiled by SpareRoom...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.