May
21

LATEST: Landlords will begin quitting the sector if blanket evictions ban continues, it is claimed

Author admin    Category Uncategorized     Tags

NRLA boss Ben Beadle says evictions over anti-social behaviour or tenants who wilfully withhold their rent should be allowed after the end of June.

Disillusioned private landlords will create a housing shortfall by quitting the rental market if the government continues to make it difficult to evict tenants during the crisis, the National Residential Landlords Association (NRLA) has warned.

“We need landlords who are going through a
difficult time to have the confidence to stay in the market otherwise we are
only going to end up with a worsening housing crisis as more tenants chase
fewer properties,” says NRLA chief executive Ben Beadle.

“The vast majority of landlords are doing
everything possible to support tenants through difficult times.

“As ministers consider their next steps
regarding the ban on evictions, they shouldn’t make it more difficult to take
action against tenants who may be committing anti-social behaviour or domestic
abuse, or where they are wilfully withholding rent which they can afford to
pay.”

NRLA research shows 90% of landlords who had
received a request for support from a tenant had responded positively, by
either offering tenants a rent reduction or deferral, a rent-free period, early
release from a tenancy or a refund on service charges.

Of the 4,500 landlords surveyed, 44% had received a request for help. 

Rent payment problems

It found that more than half of landlords had
been affected by the impact of the virus on their tenants, with 54% having
experienced rent payment problems or unanticipated periods when properties were
empty.

NRLA says 60% of landlords with declared rent
arrears had experienced at least the equivalent of one month’s loss of income
across their portfolio.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – LATEST: Landlords will begin quitting the sector if blanket evictions ban continues, it is claimed | LandlordZONE.

View Full Article: LATEST: Landlords will begin quitting the sector if blanket evictions ban continues, it is claimed

Post comment

Categories

Archives

Calendar

December 2024
M T W T F S S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Recent Posts

Quick Search

RSS More from Letting Links

Facebook Fan Page