18 Dec Business Evictions Ban Extended Until March 2021
The government has extended a ban on evictions of commercial property tenants until the end of March 2021, in a move that will be welcomed by struggling restaurant owners and retailers.
A moratorium on business evictions was introduced earlier this year to help businesses ride out the virus crisis, and had been extended to 30 September. It was then extended to the end of 2020 and now it will run until March 2021.
The support is intended for businesses struggling most during the pandemic, such as hospitality, however those that can afford to pay their rent should continue to do so.
Further guidance is to be published to support tenants and landlords to continue to work together to agree rent payment options.
More information can be found here.