Rent Arrears are a New Year hangover

There has been  a sharp rise in the number of people who have been unable to make their  rent payments and have fallen into arrears according to the Money Advice Trust.  The charity describes rent arrears as "the fastest growing debt problem in the UK".  It reports the number  of calls to its helpline  related to rent arrears has been rising since the recession took hold in 2007.  In the fiirst10  months of  2013 there were 20,000 calls which is significantly higher than the 8,000 received over the same time period in 2007.

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