Housing sector guidance on practical ways to manage and address rent arrears
The Residential Landlords Association has worked in partnership with several housing sector organisations to launch rent arrears guidance.
The guidance includes the need for both parties to flag up any problems that might be arising early on, along with advice about measures that can be taken such as agreeing rent deferrals, reductions and suspensions.
In a joint statement, the NRLA, the Chartered Institute of Housing, The Property Redress Scheme, My Deposits, the Tenancy Deposit Scheme and ARLA Propertymark said: “Covid-19 has posed significant challenges for both tenants and landlords.
“As a group we are committed to doing everything possible to sustain tenancies both through and beyond this period of crisis.
“The guidance being launched today has an important role to play in achieving this and we encourage all tenants and landlords to work through it together in a spirit of positive co-operation.”