Tenants in the private rented sector could be particularly susceptible to making unaffordable loan claims or incurring serious bank charges.Figures from National Debtline revealed that more than 50 per cent of all calls to the charity are from renters, representing the first time that this has occurred.Furthermore,since 2007, there has been a 99 per cent rise in the number of people contacting the organisation who are in rent arrears, with almost 12,000 people getting in touch with the group because of this problem between January and August 2012.Chief executive of the Money Advice Trust Joanna Elson said: "Rising rent prices are not only making it harder for people to save for a deposit, they're also pushing more people in debt."She claimed sharp increases in the cost of a tenancy can force people and families "over the edge" and into unmanageable debts.Growing demand and limited supply are pushing average rents up, the specialist pointed out.Amir Hussain Amir specialises in personal loans, consumer debt and debt management
Belmont Thornton Ltd. is regulated by the Ministry of Justice in respect of regulated
claims management activities; our registration is recorded on the website www.claimsregulation.gov.uk/search.aspx
Belmont Thornton Ltd. is incorporated in England and Wales, Company number 6621233,
whose head office and registered office is at Suite 2, Unit 25, The Coda Centre,
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and holds a Credit Consumer License issued by the Office of Fair Trading license
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* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are
no upfront costs to pay. Our fee only becomes payable on a successful outcome of
a claim. A cancellation fee is payable if you decide that having instructed Belmont
Thornton to act on your behalf, and after 14 days of signing your Letter of Authority,
you do not wish to continue pursuing your claim with us. The cancellation fee is
the reasonable costs incurred for the work undertaken. Please see our terms of engagement.
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