Rental debts remain high

11/02/2010

The number of people falling into debt with their landlord fell in the last month, but the figure is worryingly high, according to an industry group.

The Association of Residential Letting Agents (ARLA) expressed concern after 55 per cent of their members reported an increase in tenants struggling to meet payments.

According to the group, unemployment has been the primary factor behind rental arrears during the recession.

With the jobless total likely to rise further in 2010, it seems that such debt problems'>debt problems are not likely to disappear soon.

Kevin Still, director of EuroDebt, said that "prioritising payments to your landlord or residential letting agent (RLA) is very important.

Also key are council tax, utilities and any other expenditure that may put your home, family or livelihood at serious risk."

EuroDebt work with landlords and RLAs to find amicable ways of helping tenants clear rent debts and also deal with credit card debts and other unsecured borrowing.

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