COVID-19 briefing: August, week 4

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The news this week were dominated by the extension of the evictions ban for another four weeks; protecting tenants, but frustrating some landlords. To us, the news just highlights the importance of making sure your rent is paid on time. While many traditional rent insurance products remain not available due to the outbreak, you can still get your rent guaranteed on time with Kiko!

Tenants

A new survey reveals that 91% of young London tenants don't plan to move out of the city, even as they continue working from home...
...however new tenancies are at 83% of last year's level, indicating that tenants aren't finding the right homes even as they look for new places in London

Landlords

The eviction ban has been extended by four weeks, so until 20th September; and eviction rules have been modified, requiring landlords to notify courts if their tenants have been affected by COVID-19.
This has led to some protests by landlords' groups, as well as promises of lobbying for more government support for landlords by the National Residential Landlords Association