Thursday 17 June 2021

Landlords Made Scapegoats For COVID Rent Debt Crisis

The Chancellor is making landlords the scapegoats for the COVID rent debt crisis as he turns his back on the support the sector needs. A new report published by the National Residential Landlords Association outlines the toll that COVID-19 has taken on the private rented sector. It warns that without financial support to tackle COVID-related rent arrears, the Chancellor is forcing landlords into a corner. They either have to accept continuing to receive no income or resort to repossessing their property with all the consequences this course of action entails for tenants. The NRLA is warning that the goodwill of landlords in the face of mounting rent debts cannot continue without support from the Treasury. Read more on the NRLA website.

https://www.nrla.org.uk/news/landlords-made-scapegoats-for-covid-rent-debt-crisis 

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