Landords issuing eviction notices; lenders calling in security

As SA has made it to lockdown level 1, many landlords and financiers will say that people should start paying as normal and even catching up on the payments they missed. The reality, however, is that even though many people may be working as normal, most have taken financial hits and are still far behind in terms of what they are able to pay towards servicing rent, mortgages and loans. SA should prepare for a very bumpy few months as landlords and lenders run out of runway and eviction notices begin to pile up.

Guest: Gary Palmer - CEO paragon lending solutions