The coronavirus pandemic has seen a lot of negotiation between landlords and tenants over rent payments. While a recent survey from the National Residential Landlords Association (NRLA) suggested that most tenants have continued to pay their rent in full since March, it also showed that a significant percentage of people have arranged rent holidays or reductions to mitigate the financial impact of lockdown.
The new welfare system outlined by the Conservative Government which is called Universal Credit will soon be coming online in 2016/17.
An independent survey from the National Residential Landlords Association (NRLA) has shown that the vast majority of tenants have kept paying their rent as normal since the start of the coronavirus pandemic.
Whether you’re renting for the first time or for the thirteenth time there are always multiple costs involved that need to be considered.
Paying rent in cash may be an alternative way to receive rent compared to the usual bank transfers. However, no Landlord or Tenant should accept rent being paid to them in this way or be told to pay rent in cash and this is why: