Coalition warns UK Government of impending rent crisis
The UK Government has been warned of an impending rent crisis in the UK following the reintroduction of a national lockdown.
The warning came in a joint statement from the National Residential Landlords Association, The Big Issue and Ride Out Recession Alliance, Shelter, ARLA Propertymark, the Nationwide Building Society, and StepChange the debt charity.
The coalition said: “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.”
They added: “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.”
Scottish charities have issued a similar warning north of the border when the extended ban on evictions comes to an end.