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so all these 5 students have signed the Tenancy Agreement
As joint teanants
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Hello, thanks for your patience.
Yes, these are extraordinary times in which both tenants and Landlords both are worried. You might be aware that govt has announced safeguard for both tenants and Landlords. For Tenants, it means no eviction proceedings in the courts for at least a 3 month period. It has been advised that the expectation at the end of this period will be for tenants and landlords to work out a realistic repayment plan for any rent missed in this 3 month period, taking into account the circumstances.
For Landlord, 3 month mortgage payment holiday has been announced yesterday will be extended to landlords whose tenants are experiencing financial difficulties due to coronavirus.
Even though the emerging situation is very concerning, there have not yet been any changes to the law regarding ending tenancies in relation to the COVID-19 pandemic, and until something mutually agreed between the tenant and the Landlord, Tenant`s obligation to pay rent will not change
Even If Tenant does not stay at the property due to someone you live with having COVID-19 coronavirus, Tenant will still have to pay rent regardless of this.
You may take action to get the rent from your Tenant, or from your guarantor if you have one.
You can also take some of this money from Tenant`s deposit. If the amount you owe them exceeds your deposit, they may write to you to formally request the remaining rent amount.
As explained, these are not normal circumstances due to this pandemic, but at the same time it is no excuse for the tenants to breach their Tenancy Agreements and stop paying the rents
yes all those remedies are still there for Landlords
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