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Croydon Council Scrambles for £9M in Rent Arrears

Published 2 weeks, 5 days ago
Description

Croydon Council faces a daunting challenge: recovering over nine million pounds in rent arrears from former tenants. A Freedom of Information request exposed a significant oversight, with no established process to pursue these old debts. The council is now finalizing a new recovery policy, promising improved tracking, external debt collectors when necessary, and write-offs only if collection costs exceed the debt. This comes as the borough navigates a one point four billion pound historic debt, with the mayor prioritizing financial stability ahead of upcoming elections.

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