We appreciate this is a difficult time for everybody and landlords don’t want to be evicting their tenants at this time. The government has set out its intention for landlords and tenants to mediate, to reach an amicable and mutual agreement to deal with any rent arrears.
This is coupled with unprecedented levels of financial assistance being made available to both businesses and the public, intended to reduce the risk of tenants falling into rent arrears in the first place. Further, to lessen any adverse impact to landlords resulting from the Act, ‘mortgage holidays’ will be made available.