MPs to examine effect of coronavirus on the rental sector
MPs have launched an inquiry into the impact of the coronavirus on the private rental sector as landlords report that high numbers of tenants fear struggling to pay their rent over the coming months. The Housing, Communities and Local Government Committee has issued a call for evidence to examine the effect of the pandemic and […]
Three quarters of landlords have been contacted by tenants struggling to pay rent
A new survey conducted by Landlord Action, has revealed that since government measures to prevent the spread of COVID-19 were introduced on 23 March, 74% of landlords have been contacted by tenants saying they will struggle to pay their rent. Click this link to read the full article.
Landlords call for six-month extension to gas and electrical safety certificates
Landlords are calling for a six-month extension to the validity of all gas and electrical safety certificates to cover for the impact of the coronavirus. This comes in response to a survey showing that 38% of landlords are struggling to source maintenance contractors to undertake required work and just over a third are having difficulties […]
Tips for Landlords who want to offer a rent reduction during the coronavirus emergency
Many tenants are struggling with financial problems during the Covid-19 crisis and as a consequence, they are asking their landlords for a rent reduction. Every case is different – some landlords are better placed than others to be generous, and while some tenants have lost most of their income, others will have felt little if […]
Licence to Rent – a word of caution
The current Covid-19 crisis has changed the way businesses and industry sectors operate, and the Property sector is no different. Since the government announcement of the lockdown, landlords are seeing higher levels of non-payment and unoccupancy in their properties, with a large number now looking at short term rental contracts under a licence to rent […]
Most landlords asking about payment breaks ‘don’t need one’
Most landlords enquiring about payment holidays are not struggling to pay their bills, buy-to-let broker Mortgages for Business reports. The firm says that only a handful of the landlords calling its switchboard about payment holidays have legitimate concerns about covering their costs. Many already have sufficient cash reserves to make up any shortfall should their […]
Unoccupied Premises following Covid-19 outbreak? Some simple advice….
Advice from our business partners PIB Insurance Brokers to businesses with unoccupied premises Following the Government announcement regarding additional measure to prevent the spread of Covid-19, a huge number of “non-essential” businesses have had to close doors and been instructed not to open for trade from 23/03/2020 for a minimum of 3 weeks. Insurers are […]
Impact of COVID-19 on renters
Renters in the UK are particularly vulnerable to the impact of COVID-19. Research for The Guardian suggests millions are having to choose between paying landlords and putting food on the table. Click here to read the full report.
Coronavirus (COVID-19) Guidance for Landlords and Tenants
The Government has published a new non-statutory guidance for landlords and tenants in the private and social rented sectors specifically regarding the current Coronavirus pandemic. Click this link to go the .Gov website
Landlords reject rent holidays – what are your options as a tenant?
Tenants must keep paying rent during the coronavirus pandemic, landlords say, and have quashed the hope of any widespread payment holidays. The National Residential Landlords Association (NRLA) says a growing number of tenants have stopped paying due to the introduction of three-month mortgage payment holidays for landlords. But the association says tenants need to keep […]