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    Possession Notices Back to Pre-COVID Length

    When COVID hit us back in March 2020, none of us had any idea of the impact this would have on our lives and how every sector would be affected – good or bad (there are always winners and losers after all).

    As it became apparent that COVID was going to be around for a while and many people furloughed, the Government deemed it necessary to bring in additional measures to stop any tenants being evicted from their homes, especially as there was nowhere to go: hotels, etc. were all closed.

    The extension of the possession notices from 2 months to 6 months caused huge ramifications to landlords who already had tenants in rent arrears.

    Some landlords have been incredibly generous to their tenants where COVID had an impact, and either came up with a payment plan or, in some cases, gifted a month’s rent.

    There will always be people who like to use the system, thankfully this is not the majority of tenants.

    The government then confirmed that, from the 1st of October, possession notices would revert to as they were in to pre-COVID times, meaning landlords can now give their tenants 2 months’ notice to vacate the property through a Section 21 notice for the time being. Section 8 notices have also reverted to pre-COVID rules.

    If you need help or advice on your tenancy management then please do not hesitate to contact us. We are not just good; we are amazingly good!

     

    Have a good month!

    Sharon Canning

     

    If you would like a friendly, no obligation chat regarding buying, selling, renting or investing in property, then please email sharon@moveon.biz   or telephone 01202 711169.

    Blog Articles

    THE DEBT RESPITE SCHEME – 4th May 2021

    THE DEBT RESPITE SCHEME – 4th May 2021

    The pandemic has had a huge impact on people, their finances and their mental health. The government have looked at this and are introducing from the 4th May 2021 ‘The Debt Respite Scheme’.

    The respite is 60 days breathing space to help sort out the debts that have accumulated. The condition of this is that you must sign up with a debt advice provider authorised by the Financial Conduct Authority (FCA).

    If you have a tenant who has fallen behind in their rent and is struggling to keep up with their arrears, then this may help them. As a landlord you will not be able to contact them about their arrears or serve any notices during the 60 days. They must provide proof of the debt advisor and the tenant must have been accepted under the scheme. You can of course still contact them for other things such as Gas Safety Certificates.

    It is important to note that the tenant must still continue to pay their rent during the 60 days, the respite is there for them to work on a payment plan on their arrears. The tenant can only sign up to this once a year.

    If you would like more details on this, then please email me on sharon@moveon.biz.

     

    Remember a good agent is worth every penny when you know you can sleep peacefully at night.