The National Residential Landlords Association (NRLA) has updated its various coronavirus guides to reflect the new three-tier system in England, which you may care to share with your landlord clients.
The guidance highlights some of the key points that landlords need to be aware of in relation to property management, financial support and minimising the risk to health.
Whether you want to know which tier your client’s rental property is in, or would just like some more information about how to manage a property at this time, the NRLA has produced a coronavirus property management guide.
The furlough scheme comes to an end this weekend (on 31 October), and in November a new job support scheme will be introduced. This scheme will run for six months, and will start on 1 November 2020.
A business will continue to pay the employee for time worked, but the cost of hours that are not worked will be split between the employer, the government (through wage support) and the employee (through a wage reduction) will keep their job.
The government will pay a third of hours not worked up to a cap, with the employer also contributing a third. This guide also includes useful links where landlords and tenants can get some advice on Universal Credit, and information on mortgages.
As part of the NRLA’s series of guides on coronavirus, there is also a guide on minimising risks to health. This guide explains what tier’s 1, 2 and 3 mean, and also includes useful links to infomation on how to minimise health risks in HMO properties, and how to work in other people’s homes safely. To read this guide, click here.
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