Agent backs eviction ban extension but wants cash help for landlords

27 August 2020 | Renting

Agent backs eviction ban extension but wants cash help for landlords

A prominent lettings agent has come out in favour of the eviction ban extension – but he wants government cash help for landlords, too.

David Alexander, joint managing director of PropTech platform apropos, says landlords need to have the same level of support from government as tenants during these difficult times.

“If it is right to support tenants’ in financial difficulties, then it must be right to financially support landlords who will be impacted by this move” he says.

“Too often landlords are barely considered by government and they need as much support, both financially and with vocal support from ministers, as tenants do at this moment. This support should come in the form of grants, favourable bank lending and encouragement from lenders to be sympathetic and supportive of landlords many of whom will be experiencing financial difficulties.”

Alexander says that as the private rental sector is now the second largest provider of homes in the UK, it is essential that it remains stable. 

“There is always a danger of polarisation in the private rental sector with tenants on one side and landlords on the other. The truth is both sides need each other, and they all require the support of the state to get through this difficult period” he continues.

“It is in everyone’s interest to ensure that the private rental sector remains secure, supported and viable. This means supporting tenants to remain in their homes and supporting landlords to be able to keep their properties. The government must act to maintain the stability and security of the private rented sector during these unprecedented times.”

This post has originally been featured in Letting Agent Today.