Extra protection for businesses with ban on evictions for commercial tenants who miss rent payments
Posted: March 24th, 2020, 11:15 am
Ministry of Housing, Communities & Local Government ress release 23 March 2020
Extra protection for businesses with ban on evictions for commercial tenants who miss rent payments
https://www.gov.uk/government/news/extra-protection-for-businesses-with-ban-on-evictions-for-commercial-tenants-who-miss-rent-payments
It includes:
Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction, the government has announced.
As commercial tenants will still be liable for the rent after this period, the government is also actively monitoring the impact on commercial landlords’ cash flow and continues to be in dialogue with them.
The change will come into force when the Coronavirus Bill receives Royal Assent. It will last until 30 June, with an option for the government to extend if needed.
Extra protection for businesses with ban on evictions for commercial tenants who miss rent payments
https://www.gov.uk/government/news/extra-protection-for-businesses-with-ban-on-evictions-for-commercial-tenants-who-miss-rent-payments
It includes:
Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction, the government has announced.
As commercial tenants will still be liable for the rent after this period, the government is also actively monitoring the impact on commercial landlords’ cash flow and continues to be in dialogue with them.
The change will come into force when the Coronavirus Bill receives Royal Assent. It will last until 30 June, with an option for the government to extend if needed.