Businesses are being protected from the threat of eviction until the end of year, providing commercial tenants with greater security and protecting vital jobs, the government has announced.
The protection was due to expire on 30 September 2020.
The government has made it clear that where businesses can pay their rent, they should do so, as this support is aimed at those businesses struggling the most during the coronavirus pandemic.
This measure will help those businesses most in need of support to remain in their premises without the threat of eviction for the rest of 2020, giving them a chance to focus on rebuilding their business over the autumn and Christmas period.
The government will also extend the restriction on landlords using Commercial Rents Arrears Recovery to enforce unpaid rent on commercial leases, until the end of 2020.
Landlords and tenants are being encouraged to work together to agree rent payment options where businesses are struggling.
In June, the government published a Code of Practice to support these discussions.
The Code of Practice was produced alongside leading businesses and trade associations to help guide and encourage all parties to work together to protect viable businesses and ensure a swift recovery.
Foe more guidance on getting businesses working again after the Coronavirus, check out our Business After-COVID Knowledge Hub.