View Author April 2020
The Government has moved to bring in measures to ban landlords from what it describes as “aggressive” methods to collect unpaid rents and other sums from high street and other commercial tenants.
The measures include:
- Statutory demands and winding-up petitions issued to commercial tenants are temporarily voided and can no longer be issued to commercial tenants where they are unable to pay their debts due to the coronavirus disease 2019 (COVID-19)
- Changes to Commercial Rent Arrears Recovery (CRAR), a method of seizing tenant property for sale to meet rental debts owed, will only be available to landlords when 90 days or more of unpaid rent is owed