The Association of Residential Letting Agents (Arla) has welcomed the government's new Homeowner Mortgage Support Scheme (HMSS), but has called on the current administration to do more to help those who have signed tenancy agreements with private landlords.
Commenting on the latest initiative, which allows those who fall into financial difficulty to pay less on their mortgage for up to two years, the operations manager at Arla Ian Potter said owner-occupiers will benefit.
The Council of Mortgage Lenders and Royal Institution of Chartered Surveyors have already backed the HMSS.
However reflecting on landlord-tenancy issues, the lettings representative suggested that more help can be given.
"We don't expect the government to subsidise investor landlords through any support packages but we do expect that tenants be taken into consideration in any new measures introduced at this time," Mr Potter explained.
Local authorities could be encouraged by the government to take on buy-to-let properties under empty-dwelling management orders, he added, as this may help the market.
Written by Mark Garner
