Latest News

Plans for Jobs: increased financial support

22 October 2020

The UK Government announced today, 22 October, further funding added to the new Job Support Scheme for businesses facing more hardship through the tiered systems introduced last week. Read More...

The tenancy deposit protection lessons TDS learnt in 2020

22 October 2020

As we move through the difficult times of 2020, Tenancy Deposit Scheme (TDS) takes a retrospective look at how challenges in the private rented sector have happened and how the property industry has managed them guiding agents to deal with or even avoid some issues in the future. Read More...

UK housing market remains undeterred

21 October 2020

Despite COVID-19 limitations, agents have been largely permitted to open in areas where local lockdown restrictions have been enforced, and house moves have still progressed. It seems yet again, the pandemic hasn’t been a deterrent for buyers and renters determined to make a change. Read More...

Government extends support to stop business evictions in 2020

Thursday 17 September 2020

Robert Jenrick, Secretary of State for Housing, announced yesterday, 16 September, that all commercial tenants will be protected from the risk of eviction until the end of this year.

It will help businesses protect jobs and give them the chance to focus on rebuilding their business over the autumn and Christmas period.

The measures are on top of the wider-ranging financial package provided by the UK Government to protect jobs, incomes, and business throughout and beyond the pandemic. However, it has been stressed that where rent can be paid it should be as the support is aimed at those facing financial hardship during the pandemic.

Government announcement

Commercial Rent Arrears Recovery

In a further announcement by the Government, the restriction on landlords using Commercial Rents Arrears Recovery to enforce unpaid rent on commercial leases has been extended until the end of the year. There is clear guidance that both landlords and tenants must continue to work together to agree on rent payment options if businesses are struggling.

In June 2020, the Government published a Code of Practice to support these discussions. It was produced in association with leading businesses and trade associations to help guide all parties to work together to protect viable businesses and ensure a swift recovery.

Code of Practice announcement

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This Government is committed to supporting businesses and our high streets at this difficult time, and this extension of support will help businesses recover from the impacts of the pandemic and plan for the future.

Rt Hon Robert Jenrick MP, Secretary of State for Housing

 

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During this particularly challenging time for businesses, it is crucial that both landlords and tenants have the clarity and reassurance they need to build back better from the pandemic. 

Rt Hon Alok Sharma MP, Business Secretary