Can I still rely on guarantors?

Can I still rely on guarantors?

13:47 PM, 19th March 2020, About 4 years ago 15

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If the tenant, who decides for whatever reason to stop paying their rent even if having work or the funds, and has a guarantor does this emergency legislation stop landlords from going the the guarantor for the rent.

Or is it only to stop the serving if s21 or s8 notices. Not talking about evicting the tenant for non payment.

Can one still issue a s21 if rent is still being paid and on a periodic tenancy if the AST is not renewed by either tenant or landlord.

A Buy To Let mortgage holiday isn’t applicable as the rent is my sole income which I use for day to day personal living expenses ie food, bills etc.

Many thanks


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Tony Hodge

7:30 AM, 20th March 2020, About 4 years ago

We are all in this together. It is unprecedented times and my interpretation is that UK Gov wants everyone in rent difficulties to be treated compasionately for 3 months. This goes right through the letting chain from tenant to landlord to lender.
I have spoken to my tenants asking them to keep me informed about rent any payment problems. I like my tenants and don't want to lose them. We will muddle through this together, it may take a year or so but we will do it.


8:28 AM, 20th March 2020, About 4 years ago

Reply to the comment left by Tony Hodge at 20/03/2020 - 07:30
I think we all agree about compassion. However I know a landlord who went to see a tenant yesterday to find out why the rent wasn’t being paid. After checking in as to why the tenant hadn’t forwarded his housing benefit, they discovered he had a gambling problem. The landlord is now in a precarious situation - sympathetic to the addiction (the landlord is an alcoholic who has been dry for 20 years) - but out of pocket and with no legal redress. The tenant will take advantage of the recent announcements and worry about it only when this situation is over. The best the landlord can hope for is that the tenant has a rare win and decides to leave!!


9:53 AM, 20th March 2020, About 4 years ago

Reply to the comment left by Tony Hodge at 20/03/2020 - 07:30If you think this is for 3 months I think you're in for a surprise. This crisis could go on for at least 6 months and the fall out as you say, for several years. I am just being realistic.
I had one rent holiday request last night and another this morning. I don't expect I'll ever receive this rent if my tenants cut and run back to Eastern Europe.
Does the government understand that we have bills to pay on our properties as well as needing an income ourselves?
All councils should at least stop plans for any more licensing (ours is currently in consultation)

Luke P

14:15 PM, 20th March 2020, About 4 years ago

Reply to the comment left by Tony Hodge at 20/03/2020 - 07:30
Except we're not all in it together. The banks have a definite period of 3 months they have to endure possible mortgage holidays, all the while interest is added, and the ability (after all this passes) to wallop your credit rating. LLs have been told the eviction ban is for a *minimum* of 3 months, have had new pre-action protocol conditions that will no doubt endure put on us, no ability to long-term impact a tenants credit-rating (not directly, anyway) or likely to be granted possession, even after all this, if it can be demonstrated it was CV-19 related. Nobody's asking restaurants to serve diners and be compassionate about a payment plan for months and months afterwards. Either the banks or Govt. need to do more.

Judith Wordsworth

22:43 PM, 20th March 2020, About 4 years ago

Many thanks for all your helpful comments

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