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Recent Government reaction to the Covid-19 pandemic has once again impacted a landlord’s ability to remove commercial tenants on account of rent arrears. The prohibition on the use of forfeiture has been extended, and Commercial Rent Arrears Recovery (‘CRAR’) cannot be exercised until at least 189 days’ worth of rent arrears has accumulated. All initiatives…
The Coronavirus has had a devastating impact on human life and torn through the UK economy as quickly as the Australian bushfires we witnessed earlier in the year. In order to address the impact on the economy the UK government have been quick to rush through two pieces of legislation to provide support to businesses…
The Government has confirmed that it will extend the time period for suspension of the forfeiture of evictions from June 30 to September 30. Additionally, they have introduced the Code of Practice for Commercial Property. The idea of the Code is to provide clarity for businesses when discussing rental payments and to encourage best practice…
No-one should be concerned about a delay in the simplification of rules surrounding leaseholders’ rights to buy or extend their leases, according to Thursfields Solicitors, who said that a long-awaited update on what’s known as leasehold enfranchisement has been put back by COVID-19. But experts at Thursfields said they had been involved in detailed consultations…
Thursfields advises of government intervention to help commercial and retail tenants under pressure from the continuing COVID-19 pandemic. John McLean, a senior associate in Thursfields’ commercial property team, said the Coronavirus Act 2020 had already prevented forfeiture action by landlords for non-payment of rent until 30 June 2020. “This provided relief for many, but was…
The Coronavirus (COVID-19) pandemic is of great concern to many businesses as they balance putting contingency plans in place to protect their staff’s wellbeing and also continue to provide their products and services to clients. Thursfields Solicitors is open for business as usual and has the resources and legal expertise to guide you. All of…
Most commercial leases impose an obligation on the landlord to give the tenant the right to peacefully enjoy their premises. This provision was recently considered in Jafari v Tareem Limited where scaffolding was erected around a dental practice for almost 2 years because the landlord wanted to convert the block into a 134 bedroom hotel….