Over the course of the eviction ban for residential tenancies, the government have looked to balance support for tenants and landlords, helping those unable to meet their rent payments whilst recognizing the strain this puts on landlords who may depend on the income.
As of June 1st, notice periods were reduced from six to four months for residential tenancies.
This is except for situations including anti-social behavior, with a shorter notice period of two weeks.
Compared with homeowners, it's estimated that tenants are more than three times as likely to be behind with rent or bills, 6% and 19% respectively.*
With courts still prioritizing hearings based on severity, it's important to look for a resolution to rent arrears or disagreements where able between parties.
As leading lettings agents, we facilitate communications between landlords and tenants to offer our expert services.
What about commercial landlords?
Whilst the ban has been lifted for residential agreements, the ban on evicting firms for unpaid commercial rent is to be extended for a further nine months.
Many businesses within the hospitality sector are yet to reopen and resume trading as normal, all the while accruing an estimated £5bn in rent debt.
If you need advice about the eviction ban, go to GOV.UK.
Want help managing your property? Talk to our team today on: 01256 807 111
*YouGov
