The furlough scheme has been a lifeline for many since the start of the pandemic. Whilst it continues to support millions of UK employees many wonder when the end of furlough will come.
The end of lockdown is in sight. The question of when the furlough scheme will end was addressed today by the Chancellor in the Budget. Many will welcome the news of furlough extension until the end of September 2021.
It is impossible to predict what will happen once the Government phase out their support. Therefore it is important for landlords to plan appropriately to protect their investment.
In partnership with Let Alliance, we provide a comprehensive rent protection service to landlords in the event that their tenant falls into rent arrears. This is a nil excess policy, offering peace of mind that income will continue to be received, covering all costs and liabilities associated with the property, to ensure that the landlord is never out of pocket.
To read more about our rent protection policy, click here.