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Written question asked by Seema Malhotra (Labour) on Monday, 21 June 2021, in the House of Commons. It was due for an answer on Thursday, 24 June 2021 (named day). It was answered by Paul Scully (Conservative) on Thursday, 24 June 2021 on behalf of the Department for Business, Energy and Industrial Strategy.

Business Premises: Rents

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the press release, Eviction protection extended for businesses mot in need, published 16 June 2021, when he plans to set out further details of the new arbitration process for resolving issues in relation to commercial rent debts where tenants and landlords cannot come to an agreement themselves.

Answer

The Government has announced that it will introduce legislation to support the orderly resolution of rental payments accrued by commercial tenants affected by non-pharmaceutical interventions during the pandemic, in this Parliamentary session.

The details of the process will be released in due course. We will aim to ensure that this is an impartial and manageable process which should only be used as a last resort when negotiations have failed and providing a faster and easier resolution than through the courts.

In the interim we expect businesses that are open and trading as normal to pay their full rent unless otherwise agreed as periods of normal operation will not be covered by further legislation.

Secondary information

Type
Written question
Reference
19596
Session
2021-22
Transferred
Yes
Subjects
Debts Arbitration Business premises Rents
Link
View this Written question on www.parliament.uk