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CORONAVIRUS UPDATE

See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 285,787 | UK Deaths: 44,216 SEE MAP Italy Confirmed cases: 241,184 | Italy Deaths: 34,833 | Italy Recovered: 191,467 SEE MAP Spain Confirmed cases: 250,545 | Spain Deaths: 28,385 | Spain Recovered: 150,376 SEE MAP See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 285,787 | UK Deaths: 44,216 SEE MAP Italy Confirmed cases: 241,184 | Italy Deaths: 34,833 | Italy Recovered: 191,467 SEE MAP Spain Confirmed cases: 250,545 | Spain Deaths: 28,385 | Spain Recovered: 150,376 SEE MAP

TODAY'S OTHER NEWS

Many tenants are struggling to pay rent, claims new poll

A number of tenants are now struggling to pay rent due to the impact of the coronavirus outbreak, according to new research. 

Around five million households in the UK live in private rented accommodation and many of these are starting to struggle to pay the bills after having their wages cut. 

Despite the government's Coronavirus Jobs Retention Scheme, many employers are asking staff to reduce their hours, take a pay cut or to be furloughed, and this is having an adverse impact on those required to pay rent. 

Polling conducted by Opinium, on behalf of the Guardian, showed many renters are currently either already in or on the brink of a financial crisis, with one in six forced to seek extra financial help to stay afloat.

The survey found that six in 10 renters had suffered financially as a result of the UK-wide shutdown.

Of those, 20% had been forced to choose between food and bills or paying rent, while a quarter said they had already had to voluntarily leave their home, or request an earlier end to their tenancy because of the coronavirus crisis.

The findings of the survey suggest that government measures to support people who rent their homes, including a temporary ban on evictions, may not go far enough. 

Renters remain liable for their rent throughout the existing crisis.

Poll: Are you worried that your tenants will default on their rent payments in the coming months?

PLACE YOUR VOTE BELOW

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    Yup and many landlords are struggling to pay their mortgage. What's the difference?

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    Pass the buck! Your tenant will feel great. You should know by now Landlords are not allowed to feel great it’s been added to the job description ☹️

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    I have mounting arrears of £16,000
    Feeling sorry for tenants is great, but if they loose there home at the end of this because mortgages aren't paid.
    OR landlords end up picking up the tab on the extra interest on holiday mortgages.
    I've taken NO salary at all last month to make sure mortgages were paid, I've used my savings to live on, because I took the necessary steps, while undisciplined tenants didn't bother to save, as it was easier to use my saving to fund their inadequacies!!

    The real story here is the financial bashing landlords are taking with risk escalating rapidly, with little rewards to be gained.....
    Watch the repossessions escalate in the autumn as the PRe shrinks and tenants are made homeless.

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    Just watch those homeless figures rocket in time for the cold winter of 2021

     
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