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LEGAL VIEW
IN ASSOCIATION WITH:
A NEW LEASE OF LIFE
Landlords and tenants continue to feel the pressure as Covid-19 brings more uncertainty to high streets and commercial centres across Lancashire.
As businesses struggle with these challenges, the government has moved to protect commercial tenants from the risk of eviction
Announcing the extension of the protection measure in September, it was made clear that the support was aimed at the businesses
this particularly challenging time for businesses, it is crucial that landlords and tenants have the clarity and reassurance they need to build back
struggling to pay their rent due to the impact thousands of people working in these sectors
Speaking at the time, before the second national lockdown, Mike Cherry, who chairs the Blackpool-headquartered Federation of Small extension will be a welcome one for many who
far lower compared to before the crisis, and
support through interventions like this one are
at a time when local lockdowns, increasing comes to accessing testing among other factors are weighing heavy on the minds of
The commercial
property landscape is being altered by the pandemic
Its guidance is clear that landlords and tenants should continue to work together to agree
And to that end, a new code of practice was published in the summer, aimed at providing the and to support businesses to come together to
including the British Chambers of Commerce, the
for all commercial leases held by businesses in
It encourages tenants to continue to pay their rent in full if they are able and advises that others should pay what they can, while acknowledging that landlords should provide
the impact that coronavirus has had on
Under the code, tenants seeking concessions should be clear with their landlords about why this is needed, explaining their request with
Landlords should provide concessions where they reasonably can, taking into account their own
providing a reasonable explanation of their decision which clearly considers the information
Both parties will want to consider how to protect commercially sensitive information as part of
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