Support with Rent and Mortgages

 

The government has announced measures to protect renters and landlords affected by coronavirus. As a result, no renter who has lost income due to coronavirus will be forced out of their home, nor will any landlord face unmanageable debts.

In most circumstances, landlords will not be able able to progress possession notices for three months. The Government strongly advises landlords not to commence or continue eviction proceedings during this challenging time without a very good reason to do so.

Recognising the additional pressures the virus may put on landlords, The Government has confirmed that the 3 month mortgage payment holiday will be extended to landlords whose tenants are experiencing financial difficulties due to coronavirus. This will alleviate the pressure on landlords, who will be concerned about meeting mortgage payments themselves, and will mean no unnecessary pressure is put on their tenants as a result.

At the end of this period, landlords and tenants will be expected to work together to establish an affordable repayment plan, taking into account tenants’ individual circumstances. 

Tenants are still liable for their rent and should pay this as usual. If they face financial hardship and struggle to pay this, support is available. In the first instance they should speak to their landlord if they think they will have difficulty meeting a rental payment. Many tenants should still be able to pay their rent due to the support provided through the Governement's Coronavirus Job Retention Scheme. Both Universal Credit and Housing Benefit will also increase and from April and Local Housing Allowance rates will pay for at least 30% of market rents in each area.

You can find further guidance here.