Vulnerable renters offered £65 million support package

Toby Weiss

Toby Weiss

Corporate Marketing Manager at Reapit

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Vulnerable renters offered £65 million support package

The Department for Levelling Up, Housing and Communities announced on 23 October that a £65 million support package will be made available to local councils in England to assist low-income households facing rent arrears.

Landlords and letting agents with tenants in rent arrears will be able to benefit directly from the support pack as any money will be paid directly to the tenant’s landlord, or if the money is being used to support a household to find a new home, then it will go to the new landlord.

The funding comes on top of £500 million Household Support Fund, which was announced by the government in September and is helping vulnerable households across the country with the cost of food, energy, water, and other essentials.

Eddie Hughes, Minister for Rough Sleeping and Housing, said: “We have taken action throughout the pandemic to support the most vulnerable families, and it is vital we continue to provide support as we enter the winter months. This new funding will support families that are struggling and help to get them back on their feet as we begin to recover from the COVID-19 pandemic.”

Maxine Fothergill, ARLA Propertymark President, also commented, saying: “As lettings agents we know how many tenants have been struggling. Many landlords have worked with agents to find payment plans, renegotiate, mediate, and do their best to find solutions to the financial difficulties being faced. This is a great relief for agents, landlords and tenants alike and we are very grateful for Mr Gove and his department for listening to Propertymark and others and taking steps which show the understanding of the value of the private rented sector.”

Resources

Press release: £65 million support package for vulnerable renters

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