Businesses affected by the coronavirus (COVID-19) pandemic will now be protected from eviction until 25 March 2022.
As part of a package of interventions the Welsh Government is making to support businesses, the moratorium against forfeiture for the non-payment of rent will now be further extended. It was originally due to end on 30 September 2021.
This measure will ensure that landlords of relevant commercial premises are prevented from forfeiting the leases of such premises for non-payment of rent until 25 March 2022, but tenant’s should continue to pay rent wherever possible, and it is in the interests of both landlords and tenants to reach negotiated agreements on any arrears.
The Welsh Government continues to consider what, if any, further measures in relation to commercial rent arrears accrued during the pandemic in Wales need to be put in place once the moratorium comes to an end.
For further information visit Gov.Wales.
Source: Business Wales News : News | Business Wales (gov.wales)
Posted on: Friday 27th August 2021