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FURLOUGH IS ENDING SOON!

FURLOUGH IS ENDING SOON!

THE END OF FURLOUGH IS COMING.

Will this have an impact on your rental payment?

More than 11 million jobs throughout the UK have been supported by the furlough scheme. From 1 July 2021, employers will be asked to contribute more towards the cost of furloughed employees’ wages, which could be a threat to some tenants' job security - and payment of landlords' rent.

This could impact on your ability to pay rent, even if you think your income is secure - half a million renters were behind in rent at the beginning of the year and 58% of them had no previous rent arrears.

Make sure you make contact with us if you are finding yourself struggling - 02476 525111

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