Empty Property, empty rental income and still face costs?Make Text Bigger
I am a professional Landlord with quite a few properties. I have Buy to Let mortgages on all of them.
However, like most landlords there is money over and above the mortgage payments from the rent I receive, to which I live on. The government have to surely rethink their strategy on this.
Maybe if needed they should pay the tenants rent and then get them to repay the government back on a repayment plan when able to do so when this nightmare passes.
I have in the last two weeks had two properties that need to be re-let, they are empty. I will now not be able to show any prospective tenants around due to the new lock down rules. Also the council will want council tax paid in full each month as well on these. This should be immediately waved for rental properties during this crises.
Everyone in the general media seems to only worry about renters and not give a damn or thought about the landlord and the problems that are encountered by landlords who play a key part for housing people in this country.
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