Buy To Let
Landlords banned from evicting renters affected by coronavirus
As part of emergency legislation, the government confirmed no renter in either social or private accommodation will be forced out of their home during this difficult time.
Emergency legislation will be brought forward so that landlords will not be able to start proceedings to evict tenants for at least a three-month period.
This means tenants should not be worried about the threat of eviction.
Recognising the additional pressures the virus may put on landlords, the three month mortgage payment holiday announced yesterday will be extended to landlords whose tenants are experiencing financial difficulties due to coronavirus.
At the end of this period, landlords and tenants will be expected to work together to establish an affordable repayment plan, taking into account tenants’ individual circumstances.
Further, those who have benefited from a government backed Help to Buy equity loan will be offered interest payment holidays if they are struggling to pay due to coronavirus.
The government will also issue guidance which asks landlords to show compassion and to allow tenants who are affected by this to remain in their homes wherever possible.
Housing secretary, Robert Jenrick MP, said: “The government is clear – no renter who has lost income due to coronavirus will be forced out of their home, nor will any landlord face unmanageable debts.
“These are extraordinary times and renters and landlords alike are of course worried about paying their rent and mortgage. Which is why we are urgently introducing emergency legislation to protect tenants in social and private accommodation from an eviction process being started.
“These changes will protect all renters and private landlords ensuring everyone gets the support they need at this very difficult time.”