Which Way Now for UK Landlords and Tenants? Rent Arrears, Future Liabilities and Key Considerations for Landlords and Tenants

One of the most significant legacy debts remaining post-pandemic is rent. Many tenants have been unable (or unwilling) to pay, and landlords have been unable to take their usual action to recover rent due to temporary restrictions in place prohibiting winding up and forfeiture proceedings.

The hardest hit sectors have been retail, hospitality and leisure, which since early 2020 have been closed more often than not due to restrictions in place.

Ahead of the UK government introducing new legislation that will require landlords and tenants to arbitrate, this quick guide gives an overview of the options currently available to landlords and tenants when it comes to rent recoveries and payment, as well as summarising other considerations.