The Covid-19 pandemic has had a significant impact on the recovery of rent and service charges for commercial premises. There is estimated to be around £7 billion of resulting commercial rent debt in the UK.
The High Court has granted a summary judgment in favour of a landlord for a tenant’s non-payment of rent and service charges due under a lease irrespective of the COVID-19 pandemic and the Government’s restrictions on the remedies available to landlords.
Many companies have taken advantage of the UK Government’s Furlough Scheme during the COVID pandemic to help ease financial pressures, after being forced to close or seeing their operations severely reduced.
Since March 2020 the Covid-19 pandemic has had a significant impact on businesses. In an effort to protect business tenants, the Government passed legislation in the form of the Coronavirus Act 2020 which contains protective measure preventing landlords’ ability to recover outstanding rents.
If you are a landlord and have outstanding possession proceedings which were subject to the stay under Practice Direction 51Z and CPR 55.29 (‘the stay’) you may be wondering what comes next following expiry of the stay on 20 September 2020. This briefing note details how landlords can reinstate their possession claims and what requirements you need to comply with.
The Government has introduced a new scheme (the Job Support Scheme) to replace the Coronavirus Job Retention Scheme which ends on 31 October 2020. The Job Support Scheme is designed to assist businesses that are facing decreased demand due to the circumstances surrounding the Covid-19 pandemic.
The Business Tenancies (Protection from Forfeiture: Relevant Period) (Coronavirus) (England) (No. 2) Regulations 2020/994 extend the “relevant period” for the purposes of Section 82 of the Coronavirus Act 2020 to 31 December 2020.
Many companies have taken advantage of the UK Government’s Furlough Scheme following the COVID-19 outbreak to help ease financial pressures, after being forced to close or seeing their operations severely reduced.
If you are a landlord, you may be wondering what your obligations are in relation to gas safety checks during the Covid-19 outbreak. This article seeks to answer some of the questions that you might have as well as provide you with practical advice.