Reed Smith Client Alerts

Notably, the press release discusses that this is the “final extension to protections from the threat of eviction. The extension will give landlords and tenants 3 months to come to an agreement on unpaid rent. In addition, the restriction on landlords using Commercial Rent Arrears Recovery (CRAR) to recover unpaid rent will also automatically extend to the end of March, in line with the moratorium’s expiry date.”

Authors: Katherine A. Campbell

Per the press release, additional highlights include:

  • Review of commercial landlord and tenant legislation to be launched
  • Builds on the extra £280 billion government support for businesses during the pandemic

View the press release on gov.uk.

Client Alert 2020-615