Over 800,000 renters in arrears, with landlords demanding urgent government support amidst crisis

Around 840,000 private renters in England and Wales have built up rent arrears since lockdown measures began, according to new research. A survey of tenants for the National Residential Landlords Association, carried out by research consultancy, Dynata, suggested that seven per cent of all private renters had built arrears due to Covid. Whilst the average … Read more

Over 800,000 renters in arrears, with landlords demanding urgent government support amidst crisis

Around 840,000 private renters in England and Wales have built up rent arrears since lockdown measures began, according to new research. A survey of tenants for the National Residential Landlords Association, carried out by research consultancy, Dynata, suggested that seven per cent of all private renters had built arrears due to Covid. Whilst the average … Read more

Landlords are in crisis: Rental arrears double

Landlords and renters are facing a looming meltdown, experts warn, after the Government extended its ban on tenant evictions until 20 September.  In a last minute U-turn over plans for repossession cases to be heard in the courts from 23 August, the Government last week also introduced a minimum six-month notice period for landlords seeking … Read more

Lloyds hit by £64million fine after failing to look after mortgage customers in arrears

Watchdog hits Lloyds with £64m fine after it failed to look after customers who had difficulty paying their mortgages Lloyds, Bank of Scotland and The Mortgage Business hit with £64million fine Banks failed to look after customers who had difficulty paying their mortgage Lloyds has already paid some £300million in redress to affected customers  By … Read more