It’s been announced that business owners affected by the pandemic will be protected from eviction until the end of March 2021.
Communities Secretary Robert Jenrick has confirmed that this final extension to protections from the threat of eviction will give landlords and tenants 3 months to come to an agreement on unpaid rent. The government is clear that where businesses can pay any or all of their rent, they should do so.
Further guidance to support negotiations between landlords and tenants will also be published shortly.
The aim is to support businesses worst affected by the pandemic, such as bars and restaurants, helping them to rebuild over the winter period.
Alongside this, Mr Jenrick has announced a review of the outdated commercial landlord and tenant legislation, to address concerns that the current framework does not reflect the current economic conditions.
This review will consider how to enable better collaboration between commercial landlords and tenants and also how to improve the leasing process “to ensure our high streets and town centres thrive as we recover from the pandemic and beyond.”
The announcement can be found here: https://www.gov.uk/government/news/business-evictions-ban-extended-until-march