Buy-to-let investors: brace for a potential spike in arrears
With residential rental defaults set to escalate as a result of the government’s anti-coronavirus measures, tenants and landlords alike need to understand their legal options
Buy-to-let investors should brace themselves for a potential spike in arrears, as the government’s coronavirus-induced national lockdown could affect residential tenants’ ability to pay rent.
That’s bad news for the rental housing market as a whole. It will place further pressure on buy-to-let returns, which have already been eroded by softer rental growth on the back of an oversupply of flats and townhouses in suburbs across SA...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.