Tuesday, April 14, 2020
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Lenders in UK grant 1.2m mortgage deferments
One in nine British households get payment holiday for up to three months amid Covid-19
British lenders have granted more than 1.2m mortgage holidays as part of relief measures for households affected by the Covid-19 outbreak.
It means that about one in nine households will have their mortgage payments and interest deferred for up to three months to help cope with a loss of income during the crisis.
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Monday, April 13, 2020
Coronavirus: Your options if you’re struggling to pay your rent Nottingham Estate Agents
Growing numbers of tenants are falling behind with their rent as coronavirus hits jobs and incomes, but it is up to their landlords to decide whether they will delay or reduce rent payments. According to consultancy Remit Consulting, which looked at data from six property management companies, tenants were only able to pay 44 per […]
The post Coronavirus: Your options if you’re struggling to pay your rent appeared first on OnTheMarket.com blog.
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Millions having to choose between paying rent and eating, poll suggests
Renters’ unions call on government to suspend rents for duration of coronavirus crisis
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Renters’ unions are calling on the government to suspend rents for the duration of the coronavirus crisis, as research suggests millions are having to choose between paying landlords or putting food on the table, or have already been forced to leave their homes.
Polling conducted last weekend, after rent payments came due for many renters for the first time since the coronavirus shutdown began to affect incomes of people across the country, showed many renters were either already in or on the brink of crisis, with one in six forced to seek extra financial help to stay afloat.
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