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Insights - COVID-19
Landlord Advice on Moving Out Self-Isolating Tenants
The government has recently made it clear as to how landlords and letting agents should deal with the issue of self-isolating tenants who are due to move out of a property. Junior Housing Minister Eddie Hughes has said that accommodation providers are ‘strongly urged’ to be flexible when it comes to extending tenancies and delaying moving tenants out if they are isolating due to COVID-19.
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Tenant Referencing Crisis on the Cards as COVID Damages Thousands of Credit Scores
The National Residential Landlords Association (NRLA) is warning of a looming tenant referencing crisis as thousands of tenants are facing damaged credit scores caused by legal action over rent arrears in the wake of the COVID-19 pandemic. As this crisis intensifies and no government help seems forthcoming, landlords are wise to seek a reliable way to guarantee their rent.
Is Property Investment More Lucrative Post-COVID?
Research by a leading buy-to-let mortgage lender has revealed the impact that COVID-19 has had on the property investment market and, based on their findings, it’s looking like now, as restrictions start to ease, could be a good time to consider investing.
Are Rent Guarantee Schemes Worth it?
With so much pressure on landlords in the wake of the COVID-19 pandemic, not least the evictions ban and, more recently, the breathing space rule, it is no wonder so many buy-to-let investors are starting to look into the benefits of guaranteed rent schemes. Here we explore the reasons for the mounting interest and ask, are rent guarantee schemes worth it?
Why Landlords are Wise to Enhance Record-Keeping During the Pandemic
Whilst lockdown measures are gradually being eased, the fact is that landlords remain under pressure. What’s more, tenants may still be facing financial difficulties, meaning rent arrears could continue to pose a problem. With all of this in mind, the importance for landlords of keeping accurate records during the pandemic cannot be stressed enough.
Temporary Right to Rent Changes to End
Changes to the right to rent checks introduced in response to the COVID-19 pandemic are set to end in May 2021. Now that COVID infection rates are falling, and lockdown measures are gradually easing, it has been announced that the emergency measure will come to an end on 16th May.
Survey Reveals the Current Mood of the Private Rented Sector
A recent survey of over 14,000 landlords, tenants and letting agents, conducted by deposit protection service mydeposits and deposit replacement membership Ome, has revealed some interesting insights into the current mood of the private rented sector.
How to End a Tenancy Agreement: A Guide for Landlords
Ending a tenancy agreement doesn’t have to be a challenging experience for a landlord, but it is important to follow the correct procedure. If you are looking to bring a rental to an end, this simple guide on how to end a tenancy agreement should prove useful, and keep you within the law.
End of Furlough Warning for Landlords – Time to Guarantee Rent?
A leading lettings industry figure has warned landlords that, as the government’s furlough scheme is set to draw to a close in just a few weeks’ time, considering some form of rent guarantee insurance should feature as a priority if they want to plan ahead and avoid financial voids where tenants suddenly become unable to cover their rental payments.
How to Deal with Tenant Rent Arrears
Tenants not paying rent is an all too common issue, especially during challenging economic times. But there are some simple steps to follow that will help you navigate your way through the problem, and there are even some strategies that are designed to prevent unpaid rent in the first place.
