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'Substantial' rent arrears are exempt from evictions ban By Simon Thompson |
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The government has announced that possession cases with substantial rent
arrears will now be exempt from the evictions ban.
The move will see High Court Enforcement Officers and
bailiffs being able to complete evictions and enforce warrants.
The exemption will only apply to those cases, however, where there was the
equivalent of nine months of rent arrears that had been accrued before 23
March - which is when the country was put into national lockdown.
The Government's decision has been criticised by the National Residential Landlords' Association (NRLA) who say
that tenants can now build-up nearly 18 months of rent arrears without
facing any sanction.
The NRLA also points out that the government 'has missed an opportunity'
for helping tenants who are in financial difficulties because of Covid-19
restrictions.
'Government has failed to help tenants in genuine need'
The organisation's chief executive, Ben Beadle, said: "The Government has
failed to help tenants in genuine need while trying to arrive at a
compromise - and rewarding those with arrears that have nothing to do the
pandemic.
"In some cases, they are not paying rent wilfully."
He added: "This does nothing to help tenants trying to do the right thing
and pay off their debts.
"Instead, short-term fixes are prolonging the problem and the government
needs to bring in urgently a financial package that enables tenants to pay
off rent arrears."
The managing director of accommodationforstudents.com,
Simon Thompson, said: "While exemption for serious arrears in possession
cases is to be welcomed, there is still the growing issue of tenants
struggling to pay rent that have been affected by the Covid-19 lockdown.
"The government needs to do something to help both tenants and landlords in
the short term and they need to do it quickly."
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Rent growth in the UK hits a record |
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The growth in rent prices outside of London has reached 8%, the highest
ever recorded figure by Hamptons.
However, rents in inner London have plummeted by 17.7%.
One reason for the rise in rents, the real estate firm |
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Rents rise to record levels as tenants return |
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Outside of London, rents are rocketing to record levels with most regions
seeing big increases in rents.
And one survey reveals that tenants are returning to big cities.
News that rents are rising comes from Homelet w |
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Tenant demand rockets as supply falls |
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The number of tenants seeking rental properties rocketed by 27% in January,
a report reveals.
The findings from Arla Propertymark also reveal that the
supply of homes to rent fell in the same month.
In their PRS |
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MPs call on Government to refund student rents |
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An influential group of MPs is calling on the government to refund student
rents during the lockdown.
The call has been made by the All-Party Parliamentary Group on Students,
which includes peers and MPs from all political parties.
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The most affordable universities for student rents revealed |
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The most affordable student rents in the UK for those who are attending
university have been revealed.
According to one student accommodation platform, the most affordable
student rent is in the Liverpool L7 postcode.
This area is to home |
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Landlords hit by eviction ban extension |
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Landlords have been hit by a Government decision to extend its eviction ban
for another six weeks.
The move means that the bailiff ban in England is now being extended to 21
February - at the earliest.
Robert Jenrick, the housing |
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Where property investors should head in 2021 |
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If you want to know where property investors should be heading in 2021 for
the best opportunities, then a new survey reveals all.
According to property investors SevenCapital, the best
place for investment in 2021 is Birmingham.
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Rents hit a record high outside of London |
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Strong demand from tenants has led to rents outside of London hitting a new
record high, new figures reveal.
And rental yields are also increasing in most regions monitored.
An analysis from Rightm |
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Tenant demand hits record high |
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Tenant demand hits record high
The number of tenants who have registered with letting agents for a home to
rent has reached a record high, a report reveals.
The Private Rented Sector Report for August from Arla Proper |
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Average rents rise by 2.1% in August |
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With Covid-19 restrictions now being eased, landlords around the country
saw rents rise by an average of 2.1% in August.
According to the data from HomeLet, rents have risen by 1.5% compared with
August last year.
Rents in London |
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