COVID-19 – Support for tenants unable to pay their rent
The support for tenants who are unable to pay their rent will be welcomed across the markets and is a positive step, although this does pose an issue for landlords with their own cashflow issues.
The next few weeks we will see a scramble as these measures will be drawn upon in huge volumes.
We encourage businesses to look back at their cashflow planning to best understand how this can all be used and, importantly, the timing implications as this may be rather fluid in the short term.
We are ready to help should this be of use.
Find out more about the new measures at Gov.uk.