The Coronavirus Act 2020: How does it protect business tenants?

The Coronavirus Act 2020, which is now in force, has introduced key measures providing protection to business tenants who may be struggling due to the outbreak of coronavirus. The key points for commercial landlords and tenants to be aware of are as follows. A right of re-entry or forfeiture The Coronavirus Act 2020 prohibits commercial

CORONAVIRUS bill published announcing protection for renters – but is it enough?

The Government announced plans late last week to introduce emergency legislation with the primary aim of protecting individuals and families in rented accommodation who are affected by coronavirus. It was thought that the emergency legislation would introduce a complete prohibition on possession proceedings (ie eviction proceedings) for a period of three months whilst the country

Radical Changes To Protect Renters Affected by COVID-19

The Government is introducing emergency legislation with the primary aim of protecting individuals and families in rented accommodation who are affected by coronavirus. This legislation follows the introduction of “mortgage payment holidays” of up to three months for struggling homeowners, and a similar scheme has now been replicated for landlords with buy-to-let mortgages in order

Property company loses service charge dispute with tenants

A property company has lost its appeal against a tribunal ruling that it had failed to correctly calculate the level of service charges payable by leaseholders. The case involved a mixed commercial and residential development owned by Avon Ground Rents Ltd. The leaseholders were contractually obliged to contribute through a service charge to the cost

Disqualified director ordered to repay £500k to creditors

A wine merchant has been disqualified from running a company for 15 years and ordered to repay £500,000 to his company’s creditors. Kevin William Eagling was a director of Noble Vintners Ltd, which entered creditors’ voluntary liquidation in June 2017 with an estimated deficiency of more than £1.6 million. A liquidator was appointed to wind-up

Businesses urge new government to tackle late payment abuse

Businesses across different sectors are urging the new government to end late payment practices that are crippling many small companies. They say the existing Prompt Payment Code isn’t working and fear a surge in company insolvencies if no action is taken. David Frise, CEO of the Building Engineering Services Association (BESA), said repeated failures by

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