Mortgage holders getting 3 months amnesty, what about RENTERS?

[ssd]

Renters to get feck all.

Typical tories.

Why can’t the private landlords take mortgage holidays, then allow their tenants to take a rent holiday in return?

Not a fair comparison. The mortgage holder still has the debt (and the mortgage holiday will marginally increase it due to interest, surely?).

Not the same as the renter wanting 3 months free, I'm assuming you're not suggesting you increase later payments?

I guess the problem is that for some landlords the rent they receive is their only income so for them

Why can’t the private landlords take mortgage holidays, then allow their tenants to take a rent holiday in return?

This will need to force the landlords to do this as many buy-to-let landlords are sharks and don't give a crap about their tenants. Our rent is £1,400 a month so we'd never cover that with benefits. Me and my partner run our own business and I thought we'd be alright as we've got enough in the coffers for a few months but now I'm seeing reports saying this disruption will last until next year. No idea how we'd deal with that.

Give them a Chance ffs. They’re trying to save an entire nation from physical and financial ruin.

www.mumsnet.com/Talk/coronavirus/3851673-Housing-associations-under-pressure-to-offer-rent-holidays

@GeraltOfRivia
Well done for being so sensible. 💐

Literally not what I meant, I’m sorry it came across that way. All I meant is that the situation for those with mortgages is far far worse than for those who rent. Of course it’s never okay for people to be homeless but there’s far far less for renters to lose.

Whitney - the interest won't be that much and it is a fair comparison- families who lose the jobs should not be worrying about their landlord small interest rate increase. They should not be worrying about being served notice. They should not be making a choice or feeding children or paying rent through no fault of their own. 3 months extra interest will not - over a 25 year mortgage - end us.

I'm so fuming about it op. We rent through a housing association and dh is off self isolating with a cough. He's been told he has to isolate for another 14 days, despite symptoms being a week in. So will get £200 stat sick to cover that period. I thankfully can work from home but with a toddler around in a 2 bed flat, we can't cope. Nursery are telling us we still have to pay if they close so a rent holiday would be ideal as that would keeps ds's place at nursery and stop them folding the company. But yes. The tories have been typical and fucked up a tad by not answering the questions when it was asked re renters.

'renters will just be homeless'

The fuck??!!

It's out of order and also a bit surprising as imagine landlords are the sort of people Tories like

(I am a landlord btw kept my flat when I got married and let it).

Renters get housing benefit and council tax benefit.

I rent from the council and I get neither or these. Why does mumsnet think that renters are all on benefits?

Agreed, @slashlover, I rent and receive no benefits at all.

In fact, neither do any other renters I know. We are all young professionals with good jobs, but the economy has fucked over our generation, so we can’t afford to buy houses. So we rent instead.

So why do you all keep saying that we can get all these benefits?

My tenants aren't on benefits.

My cousin and her partner rent. In green park and earn £££! Not a boast but this bias/ stereotype around renting is bizarre!

The problem with renters moving on to benefits is letting agencies. When I separated with my ex I received some housing benefit. The agency then demanded guarantor and charged me over 400 quid for the privilege of adding it to the paperwork - I know they are restricted on fees now but they find ways of getting money out of you, and I suspect those having to move to benefits will have issues with their agency or landlord.

Because it's easier to force banks what to do as are big organisations. Landlords are 100s of thousands of different private individuals so harder to force private people to comply.

It takes a long time of not paying rent before you can throw out a tenant per the current law. Often more than 12 months.

We rent a property to a very lovely tenant and discounted her last two months when one of her friends moved out and she waited for another to move in. If she falls into difficulty in the next couple of months we'll help her again. Worst case scenario is that we'd need to take a mortgage break and presumably a hit on the interest: surely that's what the mortgage break is for?

If renters struggle that extensively they'll be eligible for the rental element of universal credit. That means their rent paid free. No claw back after three months.

I'd say renters, as always, are better off in the UK.

I suspect those having to move to benefits will have issues with their agency or landlord

How would they even know? With universal credit, it goes straight into your bank and you pay your rent.

It's different for new tenants, because they have to pass credit checks, produce bank statements etc, but if you're already in a tenancy, I really can't see how they'd know.

And with the mortgages, the Council of Mortgage Lenders agreed to allow a payment holiday, so it's not totally the government's decision. They have no powers to force landlords to allow a rent holiday, and there's no regulatory body for landlords, so I can't see how the government could make this happen, tbh.

BTL landlords often aren’t allowed to rent to people receiving housing allowance so I’m not sure how helpful it is to say that renters can just claim benefits.

@kittykat7210 When you have already dug yourself a hole it is both pertinent and wise to stop digging!

You just sound worse.

A few weeks ago on Ch4 News Matt Frei called this virus a leveller. I know what he meant by that but i knew there would still be attitudes like the ones on here.

Sickening.

*In fact, neither do any other renters I know. We are all young professionals with good jobs, but the economy has fucked over our generation, so we can’t afford to buy houses. So we rent instead.

So why do you all keep saying that we can get all these benefits?*

If you lost your job or became too ill to work, you'd be entitled to benefits (unless you have over £16k in capital/assets).

What? Rent around here is £1200+.....landlords don’t accept anyone on benefits

You go on line , and put the details of where you THINK you will be if Covid-19 affects your household income.

A reliable benefits calculator like the one on Turn2us.org is a good place to help.

Then put your rent in. Each area has a 'rental allowance ' based on the 'average for the area' (this part is obviously untrue as there are NEVER any places available for our rentable allowance - but it is what it is).

If you want to know how much your 'allowance' is you have to look at this. You also need to work out your bedroom allowance. It's quite straight forward. 2 parents, 2 kids of different sexes, one over 10yrs old = 3 bedrooms. Both kids under 10 = 1 bedroom. (Max 2 kids per room).
The housing allowance is here and arranged by local authority. They are all vastly different depending where you live. Mine for example is £967 per month for three beds in South East (real cost £1200) .. whereas Bradford is £648 per month..

www.gov.uk/government/publications/local-housing-allowance-lha-rates-applicable-from-april-2020-to-march-2021

Go through the calculator and put in your claim for UC. It will all be online.