The decision to move to residential care can be difficult and stressful. It is often brought about by factors outside of anyone’s control. As well as this, the prospect of expensive care fees can be daunting...
Home-owners who have had their income disrupted by COVID-19 may be entitled to a 6-month mortgage payment holiday, but they should carefully consider whether a mortgage holiday is necessary because it will lead to a greater liability in the future.
- The rent freeze applies for an initial period of six months
- If a landlord has already given a rent increase or termination notice that comes into effect on or after the Bill comes into force (26 March 2020), this notice is of no effect.
For parents and adult children who own a house together, a Property Sharing Agreement should be put in place. This will ensure that everyone knows where they stand, and avoid misunderstandings that could lead to conflict down the track.