Business: Rents

(asked on 28th October 2021) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, if his Department will make an estimate of the total amount of rent arrears owed by British businesses as at October 2021.


Answered by
Neil O'Brien Portrait
Neil O'Brien
This question was answered on 2nd November 2021

Many businesses have not yet fully recovered from the impact of the pandemic, particularly in vulnerable sectors such as hospitality and retail


Government has committed to ringfencing rent arrears accrued by businesses affected by enforced closures during the pandemic, and introduce a system of binding arbitration to be used as a last resort if landlords and tenants cannot come to a resolution. Full detail will be announced in due course.

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