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COVID-19 ADVICE on commercial property

 

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Protection from Enforcement Action for Commercial Tenants

Not just further extensions… Whilst the Government has announced extensions to many of its tenant-friendly protections for the commercial leasehold sector, it has also announced that new primary legislation will be introduced, following its recent...

Residential eviction moratorium ended on 31 May 2021

On the 12 May 2021, the Government announced that the moratorium on residential evictions during lockdown was to end on 31 May 2021.  Courts are continuing to prioritise the most serious cases, such as those involving domestic violence, false...

Commercial Tenant Update: Moratorium Extension to 30th June 2021

On 9 th March 2021 further regulations were made to extend the moratorium on forfeiture action for non-payment of rent until 30 th June 2021 per The Business Tenancies (Protection from Forfeiture: Relevant Period) (Coronavirus) (England) Regulations 2021...

Turnover or Roll over? Your Next Rent Review or Lease Renewal...

As landlords are looking at their empty properties whether on the high street or shopping centres, some are considering alternatives to the traditional FRI (full repairing and insuring) rent structure to attract new tenants. If you are a tenant looking for...

Heads up landlords...there's a possibility of recovering rent arrears

If you have given a former tenant permission (licence) to assign their lease and the current tenant failed to pay the rent due on 24 June, you may able to recover the rent arrears from the former tenant or their guarantor if you obtained an Authorised...

Commercial Tenant Update: Moratorium Extension to 31st March 2021

  Forfeiture On the 9 th  December 2020 the UK Government announced that further regulations will be put into place to extend the moratorium on forfeiture action for non-payment of rent until 31 st March 2021. Landlords will therefore be...

Refinancing your property portfolio

As interest rates stay low or even fall, you may be tempted to look at refinancing your property portfolio.  There are many reasons to look at this.  You may want to raise money for an additional property investment, to consolidate various separate...

Protection From Forfeiture For Commercial Tenants - Extended Again

Protection from Forfeiture for Commercial Tenants Extended Until 31 st December 2020 On the 15 th September 2020 the Business Tenancies (Protection from Forfeiture: Relevant Period) (Coronavirus) (England/Wales) (No. 2) Regulations were passed...

Another extension to eviction moratorium

Further to our article on 25 June 2020 in which we confirmed that the eviction moratorium was due to come to an end on 23 August, many landlords will now be aware that in an 11 th hour U-turn this ban has been extended for a further 4 weeks until 20...

Extension Of Eviction Moratorium

The news that many landlords had been worried about was confirmed on 5 June.  The eviction moratorium has been extended. The Coronavirus Act originally imposed a stay of 3 months to all new and existing possession claims . This was due to finish...
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