News

?Since the outbreak of COVID-19, Universal Credit has become a lifeline for many households. In the first two weeks of lockdown alone there were over 500,000 claims per week, more than nine times the usual weekly level of applications.

We understand that amidst these uncertain times, there is an enormous amount of new information being released every day. One of the things we are hearing is that, because every individual’s circumstances are different, landlords are finding it difficult to cut through all of the information in order to access what is relevant to them.

Concern about the COVID-19 outbreak is mounting around the world with the situation developing and changing fast. We are all having to take steps to deal with the issues that arise as a result of this unprecedented situation, but with so much information landlords and tenants are finding it difficult to decipher fact from fiction.

As The Department for Work and Pensions (DWP) grapples with nearly one million new claimants applying for Universal Credit following the outbreak of COVID-19, Caridon Landlord Solutions, part of Caridon Group, says landlords should educate themselves on the Universal Credit system now so that they can support their tenants and both mitigate the risk of rental arrears.