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Steep Rise in Buy-to-Let Mortgages Going Into Arrears Sparks Concerns for Renters

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Summary: Buy-to-let mortgages entering arrears witness a significant increase, raising concerns for renters and the overall housing market . Rental costs are projected to rise in the coming months, further burdening tenants who already allocate a substantial portion of their earnings toward housing. Insufficient housing supply amid escalating demand emphasizes the urgency of addressing the housing crisis and promoting affordable solutions. The state of the housing market is compounded by decades of inadequate investment in social housing , leading to a deteriorating situation for renters and the homeless. Government interventi...