After initially saying there were no plans to let landlords enjoy mortgage payment holiday if their tenants got into financial trouble, the government has now relented and included them within its Coronavirus plans.

The government has performed a dramatic U-turn and agreed that landlords should be offered the same three-month mortgage holidays as residential home loan holders after initially leaving them out of its original announcement.

Yesterday morning the lenders’ trade association UK Finance vehemently denied to LandlordZONE that there were any plans to offer landlords the same three-month mortgage payment holiday as home owners.

We were initially told by a member of the communications team at UK Finance that some landlords would be included in the government and industry mortgage relief plans.

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But when we ran the story yesterday, its head of press relations said this was incorrect, and we amended the story accordingly.

But only eight hours later Secretary of State Robert Jenrick released a statement on the Ministry of Housing, Communities and Local Government website revealing that landlord are to be offered a three-month mortgage holiday by lenders for the duration of the Coronavirus outbreak.

Payment holiday

“Recognising the additional pressures the virus may put on landlords, we have confirmed that the three month mortgage payment holiday announced yesterday will be extended to landlords whose tenants are experiencing financial difficulties due to coronavirus,” says Jenrick.

“This will alleviate the pressure on landlords, who will be concerned about meeting mortgage payments themselves, and will mean no unnecessary pressure is put on their tenants as a result.

“At the end of this period, landlords and tenants will be expected to work together to establish an affordable repayment plan, taking into account tenants’ individual circumstances.”


  1. That’s no help to Lanlords that are mortgage free on their let properties and depend on the rental income as their only means of income. They can’t pick money off the tree, are not able to claim benefits due to owning assets, which obviously can’t be liquidated. All landlords irrespective of their own circumastances will undoubtably have tenants that struggle or are unable to pay their rent and will, I am sure, be sympathetic in these circumstances and treat tenants with the empathy they deserve. With that in mind will any Landlord groups be asking the government to provide additional funding on behalf of those Landlords that have no income?

    • See all these landlords complaining that they will lose their income if tenants don;t pay and what support will lanlords get…they get the same support as every other worker in the land, income support of 80% monthly income up to £2500 per month. If you rental income has been previosuly declared via tax returns as it should, then under the self employed support scheme then you should have no problems claiming the 80% support like everyone else. Plus, with the 3 month holiday reducing your self employed outgoings for the month to pratically zero you should not have any direct financial problems during the national emergency. Your mortgage can be extended by another yr when it is up for renewal in order to spread the backpayment of the 3 month holiday over the remainder of the mortgage so the only real negative effect for a landlord will be that their mortgage will take an exta few months to pay off.

      Income support of 80% is available to all self employed residents based on their tax returns, so I don;t see any negative impact to Landlords, their income is supported by the government in the same way as everyone else.

  2. @ Alison if you have worked all your life/been self employed and brought properties as your ‘Pension’ and utilise the RENT as income what are we to do? – what @Dave is saying is a good point. I have already had a call from a tenant who works for Easyjet who says he is going to be laid off for 3 months unpaid leave and can’t pay, which means I in turn won’t have income ….

    • You apply for the governments self employment protection scheme for 80% of your previosuly declared income in the same way that the rest of the those who are self employed do.

  3. Just to make it clear, a payment holiday is a deferment, not a gift. So that means that the bank adds the missing payments onto the debt and then charges interest right up to redemption of the mortgage. Or am I wrong ?

  4. Government announced they are guaranteeing 80% of paye workers wages up to £ 2500 for the next 3 months to be reviewed thereafter, as a grant.

  5. My situation is same as Sally.I contacted citizen advise beureau and i was told i have to sell the property to buy food and other neccecity .I m leaving of charity since 2 weeks but every year i have paid £2500 income tax on the rental income.Only people in my situation can understand my position as no one esle wants to know.

  6. We have a tenant that was accumulating rent arrears pre-Coronavirus, and whom has no intention of clearing this via the payment plan that our letting agency put in place. U/Credit is however paying monthly rent now. We now need to sell the property, but under the new government legislation we cannot now evict the tenant to sell the property. This is in no way us being heartless, but we need to look after our own interests and we have looked after this tenant and the property very well over the past few years, but sadly, have not seen that loyalty reflected.
    Also paying tax on gross rent as quite heavily mortgaged, so thinking to sell our other rental property now as it’s no longer a viable investment for propping up ones pension. Another example of how the government have screwed over the landlords and they don’t seem to want to reverse the gross rental tax decision any time soon!

    • So you have looked after the tenant for couple of years who has clearly no intention of paying the rent so you decide to put the house up for sale regardless off the loyalty you showed him then blame the government?? Are you jeremy corbyn?

  7. What happens to landlords who are in a void period, with a mortgage, and because the property is empty is being charged full council tax as most local authorities are now charging full council tax on empty properties?

  8. End of the day the majority of us bought properties to let/rent, sell whatever for 1 reason only.. To make money simples! There’s a lot more going on in life than just bricks and mortar


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