Tenant evictions reach six-year high amid rising rents and benefit cuts

Bailiffs in England and Wales evicted more than 11,000 families in the first three months of 2015, 51% higher than in same period five years ago

The number of tenants evicted from their homes is at a six-year high, according to new figures, as rising rents and cuts to benefits make tenancies increasingly unaffordable.

County court bailiffs in England and Wales evicted more than 11,000 families in the first three months of 2015, an increase of 8% on the same period last year and 51% higher than five years ago.

The increase in the number of tenants losing their homes means 2015 is on course to break last year’s record levels. Nearly 42,000 families were evicted from rental accommodation in 2014, the highest number since records began in 2000.

Rental prices have soared in many UK cities but wages failing to keep pace with rising costs and caps to benefits have left many poorer tenants unable to make payments.

Separate figures also published on Thursday showed almost 59,000 households have had their benefits capped in the past two years. Nearly half of those families were in London, where the the average monthly rent for a two-bedroom home is £2,216.

Read the rest of this article here: http://www.theguardian.com/money/2015/may/14/tenant-evictions-reach-six-year-high-rising-rents-benefit-cuts?

Advertisements