According Tanya Powell in an article for the Financial Times, the number of tenants who are in “severe arrears” (more than two months behind on their rent,)is up by nearly 25% in the last year. 

Over 100,000 tenants in England were in arrears in the second quarter of 2012.  In the quarter, more than 7,000 tenants were added to the “in severe arrears” category.

Recent figures released by the Office of National Statistics reported that real disposable income has dropped for six consecutive months in the U.K.  With rents still on the rise, it’s not hard to see how people are falling behind on their rents.

Late rents unfortunately mean a greater number of evictions and that is exactly what has happened.  The number of eviction notices to hit the courts rose 6% in the first quarter of 2012, compared to 2011.

It was also reported that the number of “in arrears” (less than 2 months late) cases has fallen from 9.9% to 8.9%.  This may initially seem like good news, until you consider that it is likely that the reason for the decrease is that those tenants have slipped into the “severe arrears” category.