Commercial landlords with tenants who have not made a referral to the arbitration scheme, or whose referral to the scheme has now concluded but no payment has been made can now benefit from all enforcement options that were available before Commercial Rent Act went into place.
Key Points - - An arbitration scheme for commercial landlords and tenants was introduced during March 2022 under the Commercial Rent (Coronavirus) Act 2022 with the aim.
UK's Commercial Rents Coronavirus Act introduced the Scheme, allowing for an arbitrator to issue a legally binding decision to in whole or part write off pandemic related rent arrears. The aim was to protect viable businesses and the jobs they provide. This is ending.