Cavendish

'Commercial property landlords are going to be facing more difficult months ahead', says Cavendish Legal Group



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Cavendish Legal Group has criticised the government for causing further uncertainty among commercial property landlords by extending the eviction ban.

The existing measures in place to protect commercial tenants from eviction have been extended to 25th March 2022.  

Jonathan Frankel, litigation partner at Cavendish Legal Group, said the extension posed a real financial challenge for landlords with tenants already in arrears. 

“To make this announcement now, shortly after the eviction ban on residential tenants was lifted, only serves to generate more uncertainty among landlords, many of whom will feel they have another mountain to climb financially to get through this period,” he said.

According to Jonathan, it is more important than ever to engage with tenants and for brokers to make their clients aware that there are legal options to try to mitigate the financial impact in the coming months.

“Commercial property landlords are going to be facing more difficult months ahead and, while they will of course have to abide by the government’s ruling, it is still important to get the right legal advice,” he said.

“If a landlord is looking at months of arears from their tenant, it’s vital to work with them to try to reach an agreement, through mediation, and work towards an amicable resolution. 

“This is where legal advice and solicitors will play a key role in facilitating that process.”

He added that due to the unprecedented times, both sides of the dispute will likely feel aggrieved.

“Tenants will feel it’s through no fault of their own that their business has been closed for large parts of the last 18 months but, quite simply, landlords rely on the rent for their own income and financial stability.

“So, making sure your clients get the right advice now will help to manage the issue nine months from now when the ban on evictions finally lifts.”

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