As we are starting to see some glimmer of light at the end of what has been a dark tunnel in these past few months of lockdown, another blow has come hard this week for Landlords as Wales announced it has extended its eviction ban until the end of June, what does this eviction ban mean for Landlords?
It has been the news that almost every Landlord has been dreading to hear due this extension meaning that there will be no eviction exemptions for Landlords dealing with tenants in extreme arrears.
However, over in England, evictions have still got the green light for cases where the tenants have accumulated over six months of arrears, a sigh of relief for struggling Landlords who have been left paying fully for their tenanted properties.
The Welsh Government recognises that extending these temporary protections for a further period of time may cause difficulties for some landlords
This seems a harsh reality for already struggling Landlords who throughout the whole of this past year of the pandemic has received no direct support for those dealing with financial distress.
The introduction of the tenancy saver loans scheme has not been a massive hit with tenants due to the overly-restrictive access criteria, unnecessary interest charges and inconsistent local variations.
What Does It Mean?
This means that the Landlords who have been carrying the brunt of missed payments from tenants and having to wait out the existing statutory requirement of 6 months.
Now these Landlords have to wait even longer before they can action or start processes for the evictions of non paying and massively deferred tenant rent payments.
Welsh Housing Minister Julie James says the existing statutory requirement for Landlords to give tenants six months’ notice before starting an eviction will also be extended until the end of June.
The Welsh Housing Minister Julie James says:
“The Welsh Government recognises that extending these temporary protections for a further period of time may cause difficulties for some landlords in the private rented sector ... However, our overriding priority must be the protection of public health at this time.”
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