Tenants rent arrears following job losses
Campaigning and Policy

Member kENNETH
Member kENNETH
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1 Posts
7 months ago
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I and some of my friends have small nos of residential rental properties which are not on mortgage.
It is becominmg clear that some tenants are losing their employment through the coronavirus impact. eg where hotel has closed throgh loss of trade. Another where the tenant who arranged weddings found the weddings were being cancelled. These can no longer pay heir rents. This causes hardship to the landlords who rely on this income to supplement their pensiosn etc.
What is needed is a compensatiory payment from the government which they can access directly. They cannot rely on their employers getting funds and passing it on as the business has in fact ceased. Also their is the issue of self employment.
The government is pumping money into the system and doing whatever it takes. A direct payment to those affected in this way by the Corona Virus and the loss of employment in consequence ,to be made possibly through universal credit , this should be sufficient so they can pay their rent.
There is surely no point ifn extending funds to businesses such as hotels and restaurants which can't trade as a result thye have no customers as these are following the government guidelines not to congregate or travel or reduce human contact. These business cant ne kept open as they have no trade.
Can the RLA think about this and other members show support.
Kenneth

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