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UK Government extends suspension of commercial property evictions and introduces new code of practice for June 2020

By Chris Harvey, Iain Roberts, Philippa Thomas & Ross Berridge on June 22, 2020
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The UK government has confirmed today that it will be renewing the package of measures it introduced for tenants in the commercial property sector unable to pay their rent due to the COVID-19 pandemic, including extending the moratorium on forfeiture and the restrictions on issuing statutory demands and winding up petitions from 30 June until 30 September 2020. Secondary legislation will also be enacted to prevent landlords from using commercial rent arrears recovery unless they are owed 189 days of unpaid rent (the previous threshold was 90 days). The time period for this measure will similarly be extended to the end of September. The measures are expected, but mean that landlords’ remedies against tenants for unpaid rent will continue to be significantly restricted for the next 3 months.

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Photo of Chris Harvey Chris Harvey

Chris has extensive experience of acting for investors, funds, property companies, banks and developers in all kinds of investment, development and finance transactions. In particular, Chris has extensive experience of acting for Asian, US and European investors investing into the UK real estate…

Chris has extensive experience of acting for investors, funds, property companies, banks and developers in all kinds of investment, development and finance transactions. In particular, Chris has extensive experience of acting for Asian, US and European investors investing into the UK real estate market. He continues to be one of the most active lawyers in the London market in connection with large London investment and development transactions. He led on the UK’s largest ever office transaction; the acquisition of the “Walkie Talkie” for £1.3 billion by LKK Health Products.

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Photo of Iain Roberts Iain Roberts

Iain is a partner in the Real Estate practice of the London office. His experience covers a wide variety of commercial property work, including property development and finance, corporate transactions, property management for investment funds and general transactional work. He has been ranked…

Iain is a partner in the Real Estate practice of the London office. His experience covers a wide variety of commercial property work, including property development and finance, corporate transactions, property management for investment funds and general transactional work. He has been ranked as “an associate to watch” by Chambers UK 2015 and gains praise from notable clients. He has recently assisted in a number of large investment transactions.

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Photo of Philippa Thomas Philippa Thomas

Philippa Thomas is the professional support lawyer for Mayer Brown’s Real Estate practice in London and the firm’s EMEA knowledge team lead responsible for helping facilitate global, local and practice-specific knowledge management strategies and initiatives.

Prior to joining Mayer Brown, Philippa was a…

Philippa Thomas is the professional support lawyer for Mayer Brown’s Real Estate practice in London and the firm’s EMEA knowledge team lead responsible for helping facilitate global, local and practice-specific knowledge management strategies and initiatives.

Prior to joining Mayer Brown, Philippa was a barrister practising in all aspects of property law at the London Bar.

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  • Posted in:
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    Real Estate Insights
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