Episode 1 – Help for Landlords in Covid-19

With so many investors, landlords and developers facing financial, managerial and practical challenges RIGHT NOW due to the effects of the Coronavirus, Property Forum hosted a LIVE Podcast on Thursday 9th April at 12:30pm which offered help, advice, and guidance.

Hosted by Property Forum’s CEO (multi-millionaire property investor, developer and For Dummies book author Nicholas Wallwork), alongside guest speaker Paul Mahoney (Founder & Managing Director of Nova Financial Group, best-selling author and Property Commentator), the podcast covered the following topics (as well as taking questions from the audience)…

• Can you apply for a repayment break on all types of property finance (just like you can with B2L mortgages)? If not, what other measures could be put in place to protect your business?

• How can landlords protect their rental income and what’s the best way to approach tenants at this time?

• What emergency property finance / refinance might you be able to apply for now to help a bad cashflow situation on a development?

• What can you do if you have lost your workforce on a current development site?

• Do you have any ideas to attract new tenants (if some of your properties are emptying)?

• What properties and locations deal best with crisis and recessions?

• How to mitigate the risk of a cash flow short fall

• How to ensure that your property rents in contrast to the competition

Nicholas and Paul gave their take and personal experiences of the property market in the last month, explaining the challenges they have personally faced and how they have overcome them, sharing any tips and help they have found.

If you have any questions after watching this episode, please comment under the video or post in one of the forums and Nicholas and his team will do their best to answer your query. To make sure you are up-to-date on future episodes of Property Forum’s Chat Show Podcast, please subscribe to our YouTube Channel here.