Tenant Hardship Loan Fund launch

Update 9 March 2021 – scheme extended see details here.

The Scottish Government has established a new £10 million fund to support tenants struggling to pay their rent due to financial difficulty associated with the Covid-19 pandemic. The Tenant Hardship Loan Fund, which is due to open for applications next week, will offer interest-free loans for up to nine months of rent costs. The loan can be used to cover up to six months of rent arrears which have arisen since 1 January 2020 and up to three months of future rent payments.

To confirm the level of any arrears, the loan administrator will contact the applicant’s landlord or letting agent.

Loan repayments will be deferred for 6 months following payment of the loan, with the loan being repaid in 60 monthly instalments. Applicants will need to pass an affordability check and a credit check before being offered a loan.

The online loan portal can be found at https://tenanthardshiploan.est.org.uk/