Update from ARLA Propertymark on the COVID19 situation…
WHATEVER IT TAKES TO SUPPORT TENANTS AND LANDLORDS
Amid mounting public pressure on sick pay and rent, Boris Johnson today announced his intention to legislate to ban new eviction proceedings for the next three months and support tenants who are struggling to pay rent as a result of Coronavirus.
ARLA Propertymark currently understands this will not impact existing eviction proceedings. Both Government and opposition were in firm agreement about the need to support tenants dealing with the fallout from self-isolation and reduced income. The Prime Minister made clear in the House that the problem cannot simply be passed on to landlords.
The Labour Leader, Jeremy Corbyn asked “Yesterday, the Chancellor unfortunately offered nothing to the 20 million people living in rented homes including three million households with children; they’re worried sick that they can’t pay their rent if they fall ill, lose pay or need to self-isolate. It is in the interests of public health that people do not feel forced to go to work to avoid eviction when they know themselves that they may be spreading this terrible disease. Will the PM now confirm that the emergency legislation will protect private renters from eviction?
The Prime Minister responded: “We will be bringing forward legislation to protect private renters from eviction, but it is also important as we legislate that we do not simply pass on the problem, so we will also be taking steps to protect other actors in the economy.”
David Cox, ARLA Propertymark Chief Executive said “We agree that the Government must do ‘whatever it takes’ to safeguard tenants in these unprecedented times. We of course have to support tenants as they face uncertainty over the coming months, while as the Prime Minister has said, ensuring we don’t simply pass on the problem to other actors in the economy.”
Propertymark is in daily dialogue with the Ministry for Housing Communities & Local Government (MHCLG) and will continue to highlight the need to support agent’s businesses as well as landlords and the impact on their mortgage payments.
Emergency legislation to provide support on Coronavirus will be published tomorrow and Parliament will deal with it on Monday. The overarching legislation will last for two years, with each section having its own timescale.
ARLA Propertymark will ensure members are updated with the facts as there are any developments on this issue.