The Irwin Mitchell Podcast

Property - Navigating the New Commercial Rent Coronavirus Bill

December 3, 2021

With many businesses unable to operate as usual, tenants have found themselves struggling with rent debts that built up during the pandemic. Similarly, many landlords who rely on the rent for their income have seen their property values plummet or have struggled with cash flow. The newly proposed Commercial Rents Bill will ringfence the debt that has been accrued as a result of COVID-19 and create an entirely new process for assessing what rent should be paid. Tim Rayner is joined by James Walters and Lily Pidge to discuss how the new bill works.

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