NetRent (10)

Nearly half of landlords ‘reduced or paused rental payments in 2020’

More than a third of landlords who gave a form of rent reduction said that they proactively offered it to their tenant, Shawbrook Bank said.

Nearly half (46%) of private landlords say they reduced or paused their tenants’ monthly rent payments last year due to the coronavirus pandemic.

Some 28% of landlords surveyed for Shawbrook Bank said they gave their tenants a payment holiday – a period when they did not have to pay rent.

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