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Lazora Offers its Tenants a Moratorium on their Rental Payments

The company has advised the Government that it is in the process of discussing this matter, and it taking the initiative to establish a moratorium for the rental payments of those families in situations of vulnerability caused by the coronavirus.

Residencial en San Sebastián de los Reyes Madrid Fuente Lazora
A residence in San Sebastián de los Reyes (Madrid). Source: Lazora.

The company Lazora, which specialises in long-term rental housing, has established a moratorium on the rental payments of those families whose situation has deteriorated as a result of the impact of Covid-19 on their finances, according to reports by the firm.

The firm, which currently has around 7,000 tenants, has explained that the criteria for accessing this program are based on those established by the Government for the moratorium on the payment of mortgages in the decree-law governing the extraordinary urgent measures to deal with the economic and social impact of the pandemic, which was adopted on Tuesday 17 March.

The program consists of applying special deferral conditions to the rental payments for the duration of the state of emergency with the subsequent payment of the pending rents spread over a period of a year.  


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