One in seven adults (14%), equivalent to more than six million people, in England are more worried about becoming homeless due to the pandemic, new research by Shelter has revealed.
Shelter’s latest poll, carried out by YouGov, showed that private renters have fared the worst during the coronavirus crisis, with one in four private renting adults (27%) fearing that they will become homeless.
Private renters are also almost twice as likely to feel depressed and anxious about their housing situation, compared with the general public (26%).
Nearly half (47%) of private renters said they are more depressed and anxious in light of the pandemic, the research revealed.
Finding extra cash for a deposit could be harder than usual due to Covid
New breed of companies will secure a tenancy on a renters behalf, either through an insurance-like arrangement with their landlord or a loan
The tenant will need to pay fees or interest for the privilege
Have you used a deposit alternative scheme and what was your experience? Get in touch: helen.crane@thisismoney.co.uk
Help with the rental deposit: How these alternative companies work dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
Robert Godwin
MD, Lamington Group and room2
We hope to experience a largely V-shaped economic recovery in 2021, driven by the successful vaccines rollout. For the travel and leisure sector, we believe there will be a bounce-back in traveller confidence across the UK from both corporates and consumers. In addition to holidays abroad, we expect to see a release of pent-up demand for UK guests continuing to enjoy the benefits of staycations.
Investor and market confidence in the long- and extended-stay product will continue to grow, with the sector benefitting from the resilience in occupancy and income shown during the pandemic compared with the traditional hotel market.