You are no doubt aware the devastating financial impact COVID-19 is having on our economy, businesses and investment property.

The National Cabinet has provided guidance via the Mandatory Code of Conduct how our Clients (referred to as ‘Landlords’ under the Code) and our teams should deal with the avalanche of Tenant rent relief requests inundating our Property Managers. Whilst this is not yet law, it will be bought into legislation under each of the states imminently.

Without exception, our Landlords and teams are seeking guidance on how to interpret and administer the Code. We feel it important to provide a practical guide as to how Savills Asset Management will implement the code to your investment property (unless otherwise advised).

This document will step you through the FAQ’s of the Mandatory Code, the implication to stakeholders and the initiatives we are implementing to navigate you through this very difficult time.

View the document.