Thousands of private tenants in England are facing eviction from their rental properties, according to new data by housing charity Shelter, based on analysis of statistics from the Ministry of Justice.
Over 148,000 renting households have been at risk of eviction from their homes in the past year, found the study.
The report reveals that private tenants in London, predominantly in Enfield, Barking and Dagenham, Havering and Croydon, face the greatest risk of eviction on average, followed by those in Luton, Thurrock and Peterborough.
Shelter has experienced a significant rise in the number of private tenants turning to the charity for advice over evictions.
If you are a landlord, remember to protect your rental income and legal expenses with Rent Guarantee Insurance. Our policy not only covers you for loss of rent, but also for the legal expenses incurred through evicting your tenants.
The need to protect your lettings business against rent arrears has been highlighted through another Shelter study, which found that young tenants in Britain are struggling with the high cost of housing.
The research shows that 59% of adults aged 18-44 are putting their lives on hold because of concerns over housing.
Shelter found that 19% have delayed finding a new job because of their housing situation, while 11% believe that they will have to retire later than initially planned.
A significant number of young people are also putting off getting married, while 22% of couples are postponing starting a family because housing costs are so high.
With so many private tenants struggling with the cost of renting, now could not be a better time to ensure you still get paid if your tenants fall into rent arrears. Our policy offers complete peace of mind for landlords and looks after your lettings business when you need it most.