The Welsh Government is extending measures to protect businesses affected by coronavirus from eviction during the summer.
The extension to the moratorium on commercial lease forfeitures comes as non-essential retail businesses began reopening in Wales last week. Although rent due should be paid whenever possible, this measure will ensure no business is forced out of its premises if it misses a payment in the next three months.
The measure was due to expire on 30 June 2020, but has now been extended to 30 September 2020, and will help support the economic recovery across Wales. It will prevent unreasonable evictions, help protect jobs and safeguard businesses which were trading before the pandemic.
The UK Government has published a Code of Practice to promote good practice for landlords and tenants as they deal with challenges associated with coronavirus. The Code of Practice can be found here.
Source: Business Wales
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Posted on: Wednesday 8th July 2020