What is the legal position for a Landlord when your tenant requests a rent holiday?

theartfullodger

I'd put nothing in writing (if only to avoid possibility  a judge might decide I'd granted a new tenancy).  Just verbal understanding that less rent will be paid of £xxx  for yy months but noting nothing changes in the contract.

Crashy_Time

steampowered said:

A buy-to-let property is indeed an investment. As with any investment, you have to accept that sometimes it will perform worse than expected. There is no reason for the government to prop up investments - you didn't work for the income you were getting.

The right thing to do would be to talk to the tenant, find out exactly what their new income is, make sure they are getting the government support they are eligible for, and charge reduced rent accordingly. For example, if their income has reduced by 50%, perhaps you might offer a 50% rent reduction for the duration of the crisis.

True,  and although this caught people off guard (some commentators though saying government/businesses should really have seen something like this coming and been more prepared) a landlord needs a cash cushion/insurance for these moments, as he obviously can`t evict just now, and may not get another tenant that is suitable even if he could, and can`t get money from someone who allegedly doesn`t have it?