Generation rent is wrong and landlords are supporting tenants

admin    Uncategorized     agents

Generation Rent is wrong to claim that the majority of landlords are failing to support tenants needing help during the COVID-19 pandemic.

A yet to be published survey by the National Residential Landlords Association of over 4,500 landlords has found that 90% of landlords who had received a request for support from a tenant responded positively.

The post Generation rent is wrong and landlords are supporting tenants appeared first on Property118.

View Full Article: Generation rent is wrong and landlords are supporting tenants

Two thirds of landlords have rejected struggling tenants’ requests for rent relief

admin    Uncategorized     agents

Controversial claim is made by campaigning group Generation Rent, which says it’s based on survey of 1,542 renters. But the NRLA says it will publish its own data tomorrow morning on the same subject.

An ongoing information war between the National
Residential Landlords Association (NRLA) and Generation Rent over how significantly
the Coronavirus lockdown is affecting tenants has broken out again.

This follows the claim by Generation Rent that the
government’s strategy of relying on landlord compassion and asking both sides
to ‘work things out’ isn’t working.

Generation Rent says that its research shows that just under
a third of landlords who have been approached by struggling tenants have either
given them a rent reduction or deferral during the crisis.

This comes from a survey of 1,542 renters. It found that
868 (56%) of tenants had lost income since the lockdown started.

Of those, 38% had asked their landlord for a lower rent, 25%
were considering an approach to their landlord and 37% said they probably
wouldn’t ask them.

Of those who did, in 7% of cases the landlord offered a
lower rent that wasn’t repayable, 25% offered a rent deferral and 56% had asked
for the full rent to be paid. The remaining 12% were waiting to hear back.

Dan Wilson Craw, director of Generation Rent, says: “Some landlords are doing the right thing by reducing rents for tenants who have had their incomes slashed.

“But most tenants who have approached their landlord for
help are getting nothing – except more dread that they’ll be evicted. Relying
on landlords’ compassion isn’t working.” 

The NRLA is expected to publish a rebuttal in the
morning. Watch this space.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Two thirds of landlords have rejected struggling tenants’ requests for rent relief | LandlordZONE.

View Full Article: Two thirds of landlords have rejected struggling tenants’ requests for rent relief