The furlough scheme has been a lifeline for many since the start of the pandemic, and it continues to support millions of employees across the UK.
With the end of lockdown in sight, and a return to relative normality finally on the cards, the question of when the furlough scheme will be brought to an end was addressed today by the Chancellor in the Budget. Many will welcome the news that furlough is to be extended until the end of September 2021.
It is impossible to predict what will happen once the Government phase out their support, and so it is important for landlords to plan appropriately in order 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.