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Coronavirus impact: residential landlords applying for mortgage holiday 2020

Are residential landlords in the United Kingdom (UK) who have a mortgage and face rent problems as a result of the coronavirus (COVID-19) pandemic and the lockdown planning to apply for mortgage holiday? As of the beginning of May 2020, approximately 15.5 percent of the landlords with arrears have filed an application and almost 14 percent have been approved. Over 62 percent of the landlords impacted are not planning to apply for holiday at all.

Distribution of residential landlords with rental arrears due to the coronavirus (COVID-19) lockdown in the United Kingdom (UK) as of May 2020, by mortgage holiday plans

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Source

Release date

May 2020

Region

United Kingdom

Survey time period

May 2020

Number of respondents

1,827*

Special properties

current and active residential landlords.

Supplementary notes

* Active landlords with rent problems & who have a mortgage

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