More than 5.5m private renters could only afford 10 weeks off work

More than 5.5m private renters could only afford 10 weeks off work

rent getty-images-a9XZBC5HxsI-unsplash More than one in three (35%) private renters 1 in the UK – equivalent to 5.5m people 2 – would run out of savings within 10 weeks if they were unable to work due to injury or illness.

New research from Scottish Widows found that a similar proportion of private renters (32%) said they would need to rely on financial support from loved ones and almost one in five (18%) would need to take out a loan if they couldn’t work. Nearly a fifth (16%) said they would have no choice but to move out of their […]

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