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I realise its a bit early but when you have more information can you enlighten me/your audience re the rules and processes you suggest around this to ensure only genuine Covid19 impacted people are part of the moratorium? Perhaps there is a site with the information?
The PM’s announcement does not seem to give direction re this?
I have not had good experiences with tenants re trustworthiness and am wary as my tenants are new and I do not know a lot about their behaviours. But I do wish to help them if they are honestly impacted.
The tenants should still be employed given their occupations. They have requested an important favour which I have agreed to. I have not had any other requests at this stage.
I asked my agent, before this became news, what she is planning if they can’t pay. She only had the standard process for non payment (2 letters then terminate). I asked her to liaise with me if this happens before she follows this process as I don’t want to cause more distress to genuinely impacted people.. I am happy to negotiate something with the tenants – not sure what yet. I had planned to only negotiate if they honestly have lost their jobs and can prove this – not sure how.
I am retired and depend on the rental income. Mortgage help from a bank will not help me as I do not have a mortgage on the property.
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