Covid-19 - We are open for business and here to help ->
Call us free on⠀ 0808 164 1510 WOKINGHAM⠀ 0118 978 0099 READING⠀ 0118 957 3425 FARNHAM⠀01252 733733

Government issue proposal to extend the current forfeiture moratorium

clifton ingram solicitors

On the 16th September 2020 the Government issued a proposal to extend the current forfeiture moratorium until the end of this year, in order to provide more time for stressed tenants to make some recovery from the problems experienced during the prolonged lock down period.

Currently landlords are prevented until the end of September, from taking forfeiture action to terminate a lease due to non-payment of rent by the tenant, so although no formal amendment to the current legislation under s82 of the Coronavirus Act has yet been made this is certainly expected to be put in force in the next couple of weeks.

Whilst this may well be welcome news for struggling tenants, landlords will be very concerned at the possible serious further depletion of their own financial resources, especially as it seems that tenants who can afford to pay are deciding not to do so, despite the Code of Conduct introduced by the Government which requires the parties to any lease to act “in good faith” in their negotiations over any rent payment concessions

This article is written as a general guide and believed correct at the date of publication. If you need further or more specific information relating to your situation from our residential property solicitors, please get in touch with us.

Author 

Tim Read

robert cherry 

Directors beware - end of suspension of wrongful t...
Clifton Ingram announces new Accessibility feature...

Wokingham Office

22-24 Broad Street
Wokingham
Berkshire RG40 1BA
United Kingdom

Telephone

0118 978 0099

Reading Office

County House, 17 Friar Street
Reading
Berkshire RG1 1DB
United Kingdom

Telephone

0118 957 3425

Farnham Office

11 South Street
Farnham
Surrey GU9 7QX
United Kingdom

Telephone

01252 733733

ci2

Contact us today

Name Please let us know your name.
Email Please let us know your email address.
Telephone Please enter a valid telephone number
Office Location Preference Invalid Input
Where did you hear about Clifton Ingram Invalid Input
Message Please let us know your message.
Please confirm if you wish to receive legal updates and event invitations.
Stay connected with Clifton Ingram Solicitors
I would like to occasionally receive free legal updates and event invitations.
View our Privacy Policy here