Almost two thirds of private landlords in England and Wales expect their rental business to be negatively impacted by the COVID-19 pandemic according to new research.
The NRLA has renewed calls for a financial support package for landlords and tenants in the wake of the Chancellorâ€™s announcement on furlough schemes in local lockdown areas.
The Prime Minister is wrong to believe that those in private rented housing are unable to turn the properties they live in into a home of their own. The implication - in his speech today to the Conservative Party Conference - flies in the face of a previous survey of tenants.
New golden rules to sustain tenancies in the rental market have been published ahead of the courts beginning to hear possession cases from Monday.
The rules, drafted by the NRLA, form a central part of measures announced by the Government to ensure courts can start to process possession cases following a six-month ban. If landlords fail to follow the rules, they run the risk of cases being adjourned by the courts for a potentially lengthy period of time, in some cases with no rent being paid.
Proposals by the Mayor of London for rent controls in the capital would be a disaster for tenants. As Sadiq Khan once again seeks the powers to introduce them, the National Residential Landlords Association is pointing to a report published by The Treasury in 2010 under the last Labour Government, of which the Mayor was a member.
ALMOST a quarter (22 per cent) of private landlords with properties in England surveyed have lost rental income as a result of COVID-19 according to new polling.The research, conducted online by YouGov for the NRLA, found that whilst 19 per cent of those questioned had lost up to half of their usual rental income as a result of COVID-19, three per cent had lost more than half.
The Scottish Government has today announced it has developed an interest free, hardship loan scheme to support renters to pay-off COVID-related rent arrears. It comes weeks after a similar scheme was announced in Wales.
Ministers have today made important concessions about how repossession cases in the rental market will be handled from 20th September. It follows extensive lobbying by the National Residential Landlords Association after the Government U-turned on its plan for such cases to be heard again from 23rd August.
The Governments plans to extend the evictions ban could leave private landlords without any rent for up to two years. In a letter to the Prime Minister, the NRLA has said that the Government is asking landlords to subsidise struggling renters and rewarding those who are wilfully refusing to pay their rent.
The evictions ban has been extended until September 20, with new six-month notice periods introduced.
The NRLA is still awaiting official confirmation by the government, but has branded such a move totally unacceptable. It is now calling for a comprehensive package of financial support to help landlords.