In response to the Coronavirus pandemic, the Government passed emergency legislation in March that prevents tenants from being evicted due to missed rent payments.
Business Tenants have been granted relief from forfeiture during the Coronavirus moratorium period.
What are the MEES Regulations?
From 1 April 2018, substantial changes are being introduced in relation to Energy Performance Certificates (EPCs) for private rented properties. As part of the Government’s continued efforts to improve energy efficiency standard in properties, the MEES Regulations 2015 will call for landlords to ensure that certain rented properties meet a minimum EPC rating of “E”. Failing this, the property will be regarded as “sub-standard”. Note that this minimum rating could be raised in the future, with a Government review expected in 2020.
For many business owners, preparing for unknown unknowns’ (also known as ‘Black Swans’) appears impossible. If a business owner cannot know the unidentified risks which face their business nor see these risks coming, the logical conclusion is that nothing can be done to safeguard their business. However, with sensible risk planning, the impact of a Black Swan event can be reduced, saving your business money, time, resources and preserving its reputation.
New regulations designed to help small businesses get paid on time came into force this month, with a requirement for larger companies to publish information about how long they take to pay suppliers.
Break Notices in Commercial Leases
Commercial specialists at Verisona Law are celebrating industry recognition of their achievements, growing success and contribution to the saving of Portsmouth Football Club, after being nominated for two categories in the UK’s prestigious ‘Insolvency & Rescue Awards’.
On 9 December 2015, HM Treasury and HMRC published draft legislation for the Finance Bill 2016. The draft legislation will be the subject of technical consultation until 3 February 2016 and the final Bill will be confirmed in the 2016 Budget, which is currently set to take place on 16 March 2016.
The Immigration Act 2014 received Royal assent on the 14th May 2014 and laws are expected to take effect in October 2014.
Sadly, this has been a fact of life for many commercial landlords in recent years and the obvious question for many is “will I get paid and if so, when?”