9:49 AM, 14th September 2020, About 3 years ago 3
On the 5th of June 2020, the UK Government announced that it would be suspending all housing possession cases in the courts for a further 2 months. Recently, this was extended again taking the total ban on legal evictions to 6 months. The Government have confirmed that the new 6-month notice period will be in place until at least the end of March 2021 which means that for all Section 21 Notices and many Section 8 notices, tenants will have 6 months notice to vacate the property.
With the introduction of the new ban on meet up’s of more than 6 people indoors or out, we’ve been left wondering whether the eviction ban will be extended again meaning that Landlords could be waiting until the latter half of 2021 to regain possession of their properties.
We feel that the Government is having substantial difficulty striking the right balance between protecting the renters and protecting the Landlords from financial difficulty as many have BTL mortgages to pay. With the difficulties that COVID-19 is bringing, we are seeing more Landlords wanting to evict their tenants and sell the properties to minimise their losses, however, these Landlords are in the same boat because they will still need to give their resident tenants 6 months notice and wait for a court date if they choose not to leave.
Landlords, Agents and tenants alike are watching intently to see what the Government’s next move is.
What do you think?