Analysis shows £1.2bn annual upfront cost of renters’ forced evictions
Renters forced to vacate their homes in the last 12 months faced upfront costs of more than £1 billion, research shows.
The estimated 830,000 renters who had to move out of their property in the last 12 months spent on average £669 in unrecoverable costs as a consequence – amounting to collective bill of £550 million, according to analysis.
If other upfront costs such as rent paid in advance and tenancy deposits are factored in, the total rises to £1.2 billion, according to the findings commissioned by Shelter.
