Relief for small firms as rent moratorium extended until March 2022

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There is to be an extension to the moratorium on commercial tenant evictions in England until March 25, 2022 and mediation introduced,

FSB national chair Mike Cherry said: “This announcement will be a big relief for many anxious small business tenants who have been dealing with a huge amount of disruption over the last 15 months.

“In many cases they were two weeks away from facing legal proceedings for rent they could not afford, for premises that have been shut. Many will have had no opportunity to raise any revenue, as they have been unable to use their premises for a prolonged period.

“We’re pleased to see the moratorium will be extended for a meaningful amount of time, allowing more breathing room for small firms to embark on negotiations with their landlords, rather than worrying about it ending up in court. The clear signal is that landlords should now join these discussions, rather than simply waiting to launch a legal bid for 100% of rent for the whole period.”

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