fbpx

“Ministers need to get a grip of the rent debt crisis”

 

As we know, since the covid-19 pandemic began, landlords have had it tough! With notice periods extending to 6 months and tenants wrongly believing this is an opening for them to stop paying rent, it has been a frustrating time for both landlords and letting agents.

Just as the end was in sight, the government have now announced yet another national lockdown.

In a joint statement following the reintroduction of a national lockdown, the National Residential Landlords Association, The Big Issue and Ride Out Recession Alliance, Shelter, ARLA Propertymark, the Nationwide Building Society, and StepChange the Debt Charity have said:

“Many thousands of private renters and landlords across the country now face rent arrears due to the impact of the pandemic.

“Ministers have failed to address the core problem of debts which have built despite the financial package put in place so far. Indeed, the Chancellor confirmed that housing benefit will not be linked to the cost of renting for future years.  

 

In a joint statement following the reintroduction of a national lockdown, the National Residential Landlords Association, The Big Issue and Ride Out Recession Alliance, Shelter, ARLA Propertymark, the Nationwide Building Society, and StepChange the Debt Charity have said:

“Many thousands of private renters and landlords across the country now face rent arrears due to the impact of the pandemic.

 

Amplo Lettings | Property Management Crewe | Letting Agents Crewe | HMO Management Crewe

In a joint statement following the reintroduction of a national lockdown, the National Residential Landlords Association, The Big Issue and Ride Out Recession Alliance, Shelter, ARLA Propertymark, the Nationwide Building Society, and StepChange the Debt Charity have said:

“Many thousands of private renters and landlords across the country now face rent arrears due to the impact of the pandemic.

“Ministers have failed to address the core problem of debts which have built despite the financial package put in place so far. Indeed, the Chancellor confirmed that housing benefit will not be linked to the cost of renting for future years.

“Renters, landlords and letting agents cannot be expected simply to muddle through indefinitely where they face these financial difficulties. The Government needs to develop an urgent package to help renters in paying off arrears built since March last year.

“Without further action, debts will continue to mount, making it far more difficult to sustain tenancies and keep renters in their homes after the pandemic.”

Are you a landlord or letting agent? How have the lockdown restricitons had an impact on your business? Please comment below or contact us here

Amplo Lettings