20 Apr Have Your Say – Government Consultation for Landlords and Tenants – Deadline 4 May 2021
Over the last year many businesses have not been trading because of the lockdowns. This has inevitably caused significant disruption to business revenue.
During this period, the Government has implemented several measures including: the prevention of landlords of commercial properties from being able to evict tenants for not paying rent; restricting landlords’ abilities to recover rental arrears through the seizure of tenants’ goods; and restricting the service of statutory demands and winding up petitions. These are currently in place until 30 June 2021.
It is widely recognised that this level of assistance cannot be sustained indefinitely, and a carefully managed exit is necessary to preserve tenant businesses and the millions of jobs that they support.
The Government would like information from businesses; business representative organisations; commercial landlords, lenders, investors, and their representative organisations; commercial property professionals; and anyone with an interest in or connection to the commercial property market in England. Each party is being asked to show the level of rent arrears that have occurred because of the pandemic. This will enable the Government to better understand the risk of the arrears to economic recovery and how landlords and tenants are changing lease terms to allow tenants to recover now that the restrictions on trading have lifted.
The evidence collected in the consultation will help to form the government policy on the exit strategy from the existing measures which are in place and outline if any additional measures are required to protect businesses and jobs.
The deadline for the consultation is 23:59 on 4 May 2021 – please click on the link below for further information and to submit your response.
https://consult.communities.gov.uk/urban-policy/commercial-rents-and-covid-19-call-for-evidence/
For legal advice on your commercial property email info@hrjforemanlaws.co.uk or call Hitchin 01462 458711, Welwyn Garden City 01707 887 700.
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