Investors in Enforcement Agents 
The government have today announced that it has extended the ban on commercial evictions. 
 
The Ministry of Justice will also be extending the restriction on the use of CRAR, it will increase the total number of days’ outstanding rent required to 457 days’ between 25 March and 23 June, and 554 days’ between the 24 and 30 June, for CRAR to be used. 
 
The Housing Secretary, Rt Hon Robert Jenrick MP and Business Secretary, Rt Hon Kwasi Kwarteng MP advised that this has been put in place to protect businesses that have been unable to operate during the national lockdowns and gives them more time for tenants to come to agreements with their landlords to negotiate payments for when the businesses are able to re-open. 
 
It was also announced that the ban on evictions for residential tenants will also be extended until at least 31st May, along with the 6 month notice periods prior to eviction. 
 
Full details can be found using the link below. 
Tagged as: Coronavirus
Share this post:

Leave a comment: 

Our site uses cookies. For more information, see our cookie policy. Accept cookies and close
Reject cookies Manage settings