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TODAY'S OTHER NEWS

Note to government - give landlords and tenants financial support

The National Residential Landlords Association is calling on the government to ensure a comprehensive financial package is provided for landlords themselves, and to tenants.

The NRLA, in its submission to government ahead of the Comprehensive Spending Review, says the Boris Johnson administration must follow the example of Wales and develop a system of hardship loans to help tenants cover Covid-19 related arrears in England.

Specifically it is calling for:

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- Interest free, government guaranteed loans for tenants affected by Coronavirus. These should be paid directly to landlords and should cover all arrears accumulated since the start of the pandemic;

- Income support for landlords to cover arrears where affected tenants either refuse to apply for a loan or where loans are not best suited to them;

- Reforms to the welfare system, to give both landlords and tenants confidence that payments will cover their basic housing costs.

The NRLA has also made it clear that any move to increase Capital Gains Tax would be a mistake on the part of the government, with research showing this would only serve to freeze the rental market, making life more difficult for tenants.

The spending review sets out the government’s spending priorities for the next three years. Covid-19 has caused delays, with the full report now expected to be completed and made public before Christmas.

Meera Chindooroy, deputy director for policy and campaigns for the NRLA, says: “Landlords are not property tycoons and the vast majority have just one or two properties which they often rely on for at least part of their income or pension.

“All of our research shows that in the vast majority of cases where tenants have struggled financially due to Covid-19 landlords have done everything they can to sustain the tenancies.

 

“However our latest figures show landlords have lost up to £437m already as a result of Covid-19 and have been unable to access any of the financial support available to other businesses.

“Landlords cannot shoulder these levels of rent arrears indefinitely, nor should they be expected to.

“It is time the government stepped up to support to the hardworking landlords out there providing the homes to let that this country so desperately needs.”

Want to comment on this story? If so...if any post is considered to victimise, harass, degrade or intimidate an individual or group of individuals on any basis, then the post may be deleted and the individual immediately banned from posting in future.

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    Far too sensible a suggestion for this lousy govt to adopt

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    "Income support for landlords to cover arrears where affected tenants either refuse to apply for a loan or where loans are not best suited to them"
    No no no. We should provide evidence that we haven't received the rent via bank statements etc make a sworn oath then be able to apply for the loan on the tenants behalf if they wont. The amount will go as a debt against their NI number. Gov can collect & they will have more success in doing so & of course an amount to cover admin to do this. It should also be made clear that it will cost the tenant much more if we make this loan on their behalf

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    Great post! No way should rent dodgers get off the hook. Pay up or move out should be the message.

     
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    Spot on Jahan Khan - we find ourselves in this very situation with one of our tenants.

     
  • Ruan Gildchirst

    _shel said:
    They have no duty to house you and wont.
    They might refer you to social services who might help because they have a duty to help the children. That could mean housing the children only in care or all of you in a hostel.
    Ive seen both those happen through volunteer work in an advice centre.
    Thanks so I wonder how long a family would stay in the hostel before they rehouse you?

    i know officially they say they have no obligations to rehouse these poor families but with the pandemic situation surely they should something to rehouse these families

    even before this pandemic I hear anecdotal accounts of families that were told they made themselves intentionally homeless but the government authorities still have to find housing for them, otherwise there would be far more homeless than we see

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    • 09 October 2020 18:59 PM

    There are plenty of houses.
    It is just these alleged homeless refuse to move to areas where there is available property .
    The homeless are homeless through choice as they will NOT accept losing their entitlement to be housed in the area where they are.
    It should be the case that as soon as anyone declares they are homeless that they can be moved to ANYWHERE in the UK where suitable housing exists.
    TOUGH if causes domestic upset!

     
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    • 09 October 2020 21:38 PM

    As a Landlord, I also have absolutely no responsibility to house anyone.
    Let alone allow them to live in MY property without paying for the privilege.

    FULL STOP.

    Pay, or leave. It is the way of the world.

     
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    • 11 October 2020 03:52 AM

    Unfortunately Govt has prevented the concept of paying or leaving working.
    Govt has now prevented tenants from leaving enabling them to live for free in rental properties.

    LL have effectively been stripped of their control of their private assets.

    If LL choose not to pay the cost of those assets then any mortgaged ones will be repossessed by lenders.

    The standard BTL model has effectively been cancelled by Govt.

    If LL do not use resources they may have to sustain mortgaged properties then they will be repossessed with the LL facing bankruptcy or devastating damage to their future business prospects.

    Govt has no intention of assisting English LL to survive.

    LL are deluding themselves if they believe Govt will assist them.


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