UK rental market Q1 2022
Arrears and possessions
Households in arrears on their rent grew during the pandemic but evictions were banned in most cases, raising fears of a flood of repossessions once restrictions were lifted. The latest data shows both landlord repossessions and claims rising but remaining well below pre-pandemic levels, as shown in Figure 2.
Over 14,000 claims were issued in Q4, 44% of the 2015-19 average. Actual repossessions fell to 2,700, only 30% of their previous typical level.
Figure 2 – Landlord possessions, quarterly