FINANCIAL support for landlords for loss of income due to CORONAVIRUS

FINANCIAL support for landlords for loss of income due to CORONAVIRUS

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S Mohd started this petition to UK Parliament

Private landlords who pay their bills through rental property have suffered immensely as a result of the coronavirus. This is the only source of income for many private landlords. 

Many tenants are unable to pay rent and have given the required 28 days notice to vacate the property. This has resulted in huge losses of rental income for private landlords. This is especially in the case where students have now gone back home due to the universities closing as a result of the coronavirus pandemic. Huge FINANCIAL STRAIN has now been caused to landlords with no rental income and empty properties. 

Whilst the government has helped with payment holidays on mortgages through the banks, this does not help with the huge losses of rental income where the property is now lying empty. 

Private landlords have huge tax bills through rental properties and have always paid these taxes . It is time for the GOVERNMENT to help and offer FINANCIAL SUPPORT for landlords during such a crisis. 

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