Tenants to be protected from eviction during Coronavirus crisisMarch 26, 2020
The Coronavirus Act 2020-2021 contains provisions to suspend evictions in the private rented sector during the Covid-19 crisis. The Act extends the notice period which must be given to tenants before possession proceedings can be commenced to 3 months in all cases. However, this may be extended by a period of up to 6 months by the Secretary of State.
The Government has also made it clear that no new applications for possession can be made to Court during this time.
However, if the tenant fails to pay rent during this period arrears that accrue are recoverable.
Landlords concerned about reduced rental income should know that they may benefit from the planned 3 month mortgage payment holiday which will include Buy-to-Let mortgages.
For further guidance to support you and your business navigate the Coronavirus crisis, please do not hesitate to get in touch with our Dispute Resolution team. For more information, email a member of our team: Natasha Bliss, Lydia Cammiade, and Kinga Burzynska.