News & Analysis as of

Rental Property Rent United Kingdom

Jones Day

The UK Renters' Rights Bill 2024: What You Need to Know

Jones Day on

The Renters' Rights Bill 2024 proposes to introduce important changes to the UK rental market affecting both the build-to-rent and purpose-built student accommodation ("PBSA") sectors alike....more

BCLP

Renters' Rights Bill

BCLP on

On 17 July 2024, the King announced a new Renters’ Rights Bill (“RRB”) to be introduced “to give greater rights and protections to people renting their homes...” The RRB has not yet been published however the background...more

Hogan Lovells

UK landlord and tenant: what does the upcoming election mean for leasehold reform?

Hogan Lovells on

As Rishi Sunak was deluged with rain announcing a general election on 4 July, those in the property world were wondering what this means for the flood of leasehold reform going through parliament. Here’s what you need to...more

BCLP

Residential Rented Sector Reset: the Renters (Reform) Bill

BCLP on

The Renters (Reform) Bill was introduced to Parliament on 17 May 2023. It proposes an overhaul of the residential tenancy system, intended to put renters in a better position. This note sets out some of the key provisions of...more

A&O Shearman

Renters (Reform) Bill

A&O Shearman on

Following the Bill’s introduction to Parliament, there has been a focus on the abolition of Section 21 “no fault” evictions, but there are also other key changes to consider....more

Hogan Lovells

UK Renters Reform Bill – big changes afoot in the private rented sector

Hogan Lovells on

In June 2022, the Government published a White Paper proposing sweeping changes to the private rented sector - affecting around 4.4 million homes and 2.3 million landlords. The Renters Reform Bill is due to be introduced in...more

Katten Muchin Rosenman LLP

Commercial Landlords v. Tenants: Let Battle Recommence

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 of resolving disputes over outstanding rent arrears...more

BCLP

Are you eligible for business rates relief? - seek advice today!

BCLP on

Business rates relief - Scenario: Since 2019, my business has occupied offices on an out of town business park. I am increasingly troubled by the amount of the rates that we are paying. ...more

BCLP

Leasehold Reform (Ground Rent) Act 2022 - Ground rents banned on new residential leases from 30 June 2022

BCLP on

This blog summarises the Leasehold Reform (Ground Rent) Act 2022, which is the first concrete step in the government's wider residential leasehold reforms. What? The Leasehold Reform (Ground Rent) Act 2022...more

Latham & Watkins LLP

COVID-19 Commercial Rent Arrears: UK Government Publishes Draft Arbitration Rules

Latham & Watkins LLP on

The rules provide an arbitration procedure to determine the amount of affordable rent arrears for a commercial tenant where landlord and tenant have been unable to reach a consensual agreement. On 9 November 2021, the UK...more

BCLP

The new Commercial Rent (Coronavirus) Bill and Code of Practice

BCLP on

The government has introduced the Commercial Rent (Coronavirus) Bill in Parliament to attempt to streamline and accelerate the resolution of the billions of pounds of rent arrears that have accrued during the Covid 19...more

K&L Gates LLP

COVID-19: Government Announces New Laws and a Code of Practice to Resolve Disputes Related to Commercial Rent Debts Arising Due to...

K&L Gates LLP on

Summary - On 9 November 2021, the UK business secretary announced new laws, and a code of practice (Code of Practice), to resolve the remaining commercial rent debts accrued due to the pandemic. The Government’s intention is...more

Hogan Lovells

UK COVID-19 Arrears: Guidance for landlords and tenants on the further extension to the forfeiture moratorium

Hogan Lovells on

The moratorium on landlords evicting commercial tenants has been extended by a longer period than many had expected, to March 2022.  Landlords and tenants will also be compelled to enter into arbitration proceedings if they...more

K&L Gates LLP

COVID-19: Government Extends Moratorium on Commercial Leases until March 2022

K&L Gates LLP on

SUMMARY - The commercial rent moratorium was due to come to an end on 30 June 2021 - Many businesses, particularly travel and hospitality are still struggling to operate, and with the extension of the lockdown period also now...more

Cadwalader, Wickersham & Taft LLP

Summer's Coming, May 2021 | Issue No. 24A - Further Blow to the Landlords? The Virgin Active Case and the New Restructuring Plan...

It’s not news that the COVID-19 pandemic has exacerbated losses in sectors that are reliant on footfall − namely, the retail and leisure industry. Prior to the pandemic, the general weakness in the “bricks and mortar” retail...more

Hogan Lovells

UK COVID-19: “Breathing Space” – giving residential tenants extra time to pay rent arrears

Hogan Lovells on

The government has introduced the Debt Respite Scheme (Breathing Space), which came into effect on 4 May 2021, which allows individuals who are struggling with debt to apply for a “breathing space” in which to sort out their...more

Hogan Lovells

UK commercial landlords and tenants: Government says your views will shape the road out of Covid-19

Hogan Lovells on

30 June 2021 will be a date no doubt circled on many calendars as being the date when landlords in England currently expect to be able to reassert some control following the end of the “temporary” measures proposed and...more

BCLP

Briefcase Quarterly Update: Key Real Estate Cases - March 2021

BCLP on

The Financial Conduct Authority v Arch Insurance (UK) Ltd and others [2021] UKSC 1 - What was it about? ..The Supreme Court gave its view on various business interruption insurance policy clauses. ..The case was...more

Hogan Lovells

UK COVID-19: Government announces further extension to protections for commercial tenants

Hogan Lovells on

The government has announced on 10 March 2021 that it will be extending the current protections that have been afforded to commercial tenants as a result of the COVID-19 pandemic. This follows what was meant to be the “final”...more

Hogan Lovells

UK COVID-19: Government announces “final” extension to protections for commercial tenants

Hogan Lovells on

The government has announced that it will be extending the current protections that have been afforded to commercial tenants as a result of the COVID-19 pandemic, for one final time. ...more

Hogan Lovells

"Final extension" of temporary prohibition on filing statutory demands and winding up petitions

Hogan Lovells on

In a not unexpected move with restrictions on the general public expected to remain well into the New Year the Government has extended the protections for commercial tenants and the restrictions on filing statutory demands...more

K&L Gates LLP

COVID-19: Government Extends the Eviction Ban for Commercial Leases to 31 December 2020

K&L Gates LLP on

The real estate industry, and particularly the hospitality and retail sector, has been hard hit by the COVID-19 pandemic. Occupiers in those sectors have put a lot of pressure on the government to provide further support....more

Hogan Lovells

UK COVID-19 – Further protection from eviction for residential tenants

Hogan Lovells on

Following emergency legislation in March 2020, intended to protect residential tenants from eviction during the COVID-19 lockdown the government has announced further measures to ease the pressure on tenants who continue to...more

Hogan Lovells

COVID-19 UK – Additional breathing space…but tenants who can pay should

Hogan Lovells on

Most commercial leases require the tenant to pay its rent quarterly, and invariably include a provision allowing the landlord to forfeit if that rent has been unpaid for a period of time, e.g. 7, 14 or 21 days.  Outside of...more

Hogan Lovells

UK COVID-19: Landlords take note – this is not a wind up

Hogan Lovells on

RE: A COMPANY (INJUNCTION TO RESTRAIN PRESENTATION OF PETITION) - The court considered an application for an injunction in light of the new Corporate Insolvency and Governance Bill 2020 (“CIGB”), which was published on 20...more

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