Mark Whitehead 22 June 2023

Increase in rent arrears since Covid pandemic

Increase in rent arrears since Covid pandemic image
Image: spectrumblue/Shutterstock.com

The number of social housing tenants in rent arrears has gone up since the Covid pandemic, according to new research.

Data intelligence firm Mobysoft found a third of housing associations are having to offer more flexible payment plans or rent and service charge holidays while similar numbers are introducing hardship funds for tenants and partnering with food banks.

Its report Future-proofing Social Housing says two thirds of housing associations are experiencing a higher number of tenants in rent arrears.

The firm's survey of 100 UK housing associations revealed a range of challenges facing tenants including rising household bills, fluctuating income levels, trouble finding work and food and fuel inflation.

Julie Lorraine, strategic director at Mobysoft, said: 'Social housing is between a rock and a hard place, with conflicting obligations creating a dichotomy in the sector.

'Housing associations are under mounting pressure to invest in improving existing homes, including sustainability upgrades, while also continuing to deliver more new homes.

'At the same time, the cost-of-living crisis is putting their main revenue stream, rent collection, under pressure as increasing numbers of financially vulnerable social housing customers start falling behind on their payments.'

SIGN UP
For your free daily news bulletin
Highways jobs

School Crossing Patrol Officer - United Academy

Essex County Council
Up to £13.00 per hour
School Crossing Patrol Officer - United AcademyPermanent, Term Time£13.00 per hourLocation
Recuriter: Essex County Council

Customer Service Advisor

London Borough of Richmond upon Thames and London Borough of Wandsworth
£32,841 - £42,888 per annum
Job Title
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Speech and Language Therapist (Grenfell Education Hub)

The Royal Borough of Kensington & Chelsea Council
Up to £53076 per annum
Support the North Kensington community to find and use their voices to shape futures beyond tragedy.As Speech and Language Therapist in the Grenfell E England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Development Officer - Museums

The Royal Borough of Kensington & Chelsea Council
Negotiable
Secure the future of our historic museums through fundraising and community support. As a Development Officer, you'll play a crucial role in sustainin England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Educational Psychologist (Grenfell Education Hub)

The Royal Borough of Kensington & Chelsea Council
£53076.00 - £54076 per annum
Support the North Kensington community to rebuild, aspire and shape futures beyond tragedy.Support the North Kensington community to rebuild, aspire a England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council
Linkedin Banner