Property News · August 19, 2022

Four in 10 under-30s locked into rent contracts that exceed 30% of pay


Great Britain figure at five-year high, with housing groups warning it is too much to manageUnder-30s renters in Great Britain are facing a financial crisis, with the number paying an unaffordable share of their earnings to landlords hitting a five-year high, according to research.Four in 10 young renters are now locked into expensive new contracts that exceed 30% of their pay, a level that housing groups have warned is too much to manage. Continue reading…

Source : theguardian.com
Read more…Four in 10 under-30s locked into rent contracts that exceed 30% of pay

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