The Debt Respite Scheme, otherwise known as ‘breathing space’, takes effect on 4 May 2021, with big financial implications for landlords and tenants. Introduced as part of the Chancellor’s Spring Budget, the scheme gives people in problem debt the right to legal protection from their creditors.
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As always if you have a property in Poole that you are currently letting or are about to let we are here to help you through this process, just get in touch if you have any questions or queries, why not join our VIP POOLE LANDLORDS GROUP on facebook to keep up to date with legislation changes as they happen.