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Purplebricks plc

Government support for PRS welcomed by landlords

Landlord organisations, the RLA and NLA, have welcomed government action to support landlords and tenants affected by COVID-19.

In a joint statement, the Residential Landlords Association and the National Landlords Association said: “Our priority is to ensure that tenants are secure in their homes during this crisis. The three month buy to let mortgage payment holiday will take a lot of pressure off landlords enabling them to be as flexible as possible with tenants facing difficulties with their rent payments.

“No responsible landlord will be considering evicting tenants because of difficulties arising from the current situation. There does need to be some flexibility though such as with dealing with a tenant engaging in anti-social behaviour. This could cause misery for fellow tenants or neighbours especially when they are going to be spending a lot of time together.

Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale & lettings of properties.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.