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Coronavirus and rent holidays in the commercial sector

LANDLORD FORUMCategory: Rent ArrearsCoronavirus and rent holidays in the commercial sector
Robert Brook asked 8 months ago

Will BLA be issuing any advice on possible \\"rent holidays\\" and any legal implications when the situation becomes a little clearer? For both the commercial & residential sectors

1 Answers
Daw answered 8 months ago

Since banning eviction for commercial tenants for 3 months. The goverment has not mentioned how commercial landlords are protected. With residential they are allowing a 3 month holiday which lenders will give borrowers. However, no information about commercial landlords. More protection is needed for commercial landlords, as if tenants can’t pay rents how do we pay our monthly to lenders. We need a 3 month holiday also.

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