Landlord and tenant

Landlord and tenant – shops / offices / hospitality venues – rent arrears

A Commercial Rent (Coronavirus) Bill was introduced on 9 November 2021 ring-fencing rent debt built up by businesses which had been forced to close during the pandemic ie preventing Landlords from taking legal action to recover arrears.

There is a binding arbitration system which will decide what happens to the “ring-fenced” debt and preventative measures will continue until the Bill is law.

It is hoped that the arbitration process will come into force on 25 March 2022 in England and Wales.

See https://bills:parliament.uk

If you need advice about ring-fenced commercial rent contact us now on 01606 74301/ www.mosshaselhurst.co.uk.