16 June 2021
Restructruing trade body group, R3 has shared that the ban on the eviction of commercial tenants will be extended a further few months, to 30 September 2021.
11 March 2021
The government has confirmed that it will extend a ban on the eviction of commercial tenants until the end of June 2021. This means that restaurants still embroiled in battles over rent debt will be given further breathing space to negotiate their way out of those disputes. Or not.
The end date is six weeks after restaurants are permitted to reopen their dining rooms.
This will be disastrous for landlords that rely on rental income and have had no debt relief from their bank, or indeed a landlord that is using rental income from an unencumbered asset to fund their retirement...
Many tenants have been trading during the pandemic and have chosen not to pay their landlords anything.