Greenwich has been named one of the most unaffordable areas in the country for young people on Universal Credit with the benefit covering only 59% of the average cost of renting a room in a shared house.
A new report by the youth homelessness charity Centrepoint shows that under-35s are struggling with housing costs throughout the country, but that Greenwich is among the ten worst areas. Universal credit payments are managing to cover rent in only one local authority area.
The Chief executive of Centrepoint, Seyi Obakin said that “The current system means that many young people are ready to move on from care or a homelessness hostel but can’t.”
