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COVID-19: Support for landlords?

goltho · 2020-03-19 00:04:16

Apologies if this is already being discussed. Our primary source of income is rental from three properties. I also have a small work pension and my wife has the state pension. I completely understand the government's desire to protect renters just as they are protecting mortgagees. What I am worried sick about is the…

Comments

HCIMbtw Posts: 347 Forumite

20 March 2020 at 9:25AM

Amirhere786 said:

Landlords are not demons, we do not have money trees.Landlords main source of income is rent.If tenants don not pay we can also get in debt.This great 3 months of mortgage holiday will not help all landlords, they have many expenses, service charges, agent charges,insurance charges some pay utility bills to.We should be given help like a normal business, small private landlords are being made to look demons this is unfair.

Most landlords are not businesses they are pretty much just asset ownership that diverts money from people who contribute to GDP.

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