Commercial rent arrears
24/03/2022
Whilst we are predominantely a residential property firm, the cross-over with commercial property law is inevitable, especially in cases involving mixed-use premises. The pandemic hit many commercial businesses hard, which led to temporary measures being brought in by the Government to assist commercial tenants who owed rent to their landlords. These temporary measures have now been replaced by the Commerical Rent (Coronavirus) Act 2022, which received Royal Assent on 24 March 2022. The bill can be found here. This is complemented by an existing commerical rent best practice code which can be found here. The full press release can be found here.