The Rent Collector

Product Information

Business including the following could open: hospitality (pubs, bars, restaurants, cafes); theme parks; cinemas; museums; hairdressers b. giving the tenant time to pay the debt (in whole or in part), including by way of instalments; and/or

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d. A formal proposal for resolving the matter of relief must be included in this arbitration referral form. tenant’s assets (noting that some may be liquid assets such as cash and other may be plant and machinery which cannot be sold without ending the business) Curfew and seating/table service requirements for certain hospitality and leisure businesses serving food and drink in Tiers 1 and 2, and pubs could only open if serving meals in Tier 2. Closure of hospitality for on-premises consumption in Tier 3. Businesses including concert halls, theatres, nightclubs required to close. Licensed premises could not sell alcohol after 10pm and were required to close by 10.20pm a. a company voluntary arrangement that has been approved under section 4 of the Insolvency Act 1986 (‘CVA’);The government’s policy aim is to preserve otherwise viable businesses and the millions of jobs that they support. In light of this and following analysis of responses to the Call for Evidence, government introduced legislation which came into force on 24 March 2022 to support the resolution of commercial rent debt (including service charges and insurance) accrued during the pandemic. Detail on the Act is set out in Part Two of this Code. Purpose Restrictions on businesses eased; nightclubs, dance halls, sexual entertainment venues allowed to reopen If you set up Rent Collection from the start of a tenancy, OpenRent will never share your bank details with the tenant.

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This Code provided clarity for both tenants and landlords, encouraging them to work together on resolving unpaid rent. Tier 2 – Areas of Cheshire, Derbyshire, Lancashire, West & South Yorkshire, Durham, Northumberland, Tyne & Wear, Tees Valley, West Midlands, Leicestershire, Nottinghamshire, Greater Manchester. The approved arbitration body will review the information provided and appoint an arbitrator from its list to deal with the case As mentioned in paragraph 70 above, the applicant must include its formal proposal with the reference. If a superior landlord enforces their right of forfeiture in relation to a superior tenancy in the chain during the moratorium period, then the failure of the occupying tenant (the tenant in scope of the Act) to pay protected rent debt on time cannot count against them if they apply for relief from forfeiture in respect of their interest (see paragraph 39 above in relation to tenancies in a chain).

Preventative Measures

See guidance to assist arbitrators. The intent is that the arbitration process, including the paperwork required, is simple and streamlined, enabling cases to conclude rapidly and landlords and tenants to return to business as usual. Government objectives for all commercial tenancies In practice, the arbitrator will likely be reliant on the parties to state which parts of the award they think should be redacted or excluded on the basis that the information is confidential information and the reasons why that information is confidential. It is recommended that the parties provide a sufficient explanation accompanied by evidence if necessary or appropriate. Effect of an award d. any other information relating to the financial position of the tenant that the arbitrator considers appropriate.

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Initially: Areas of North West Yorkshire and the Humber, East and West Midlands, East of England, the South East, London and the South were in Tier 2. Where there is an oral hearing the arbitrator must make an award within 14 days of the day on which the hearing concluded. The time limit may be extended by agreement of the parties or where the arbitrator considers that would be reasonable in all the circumstances. The relevant period runs from the day on which the arbitrator is appointed until whichever of the following is applicable:

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The following guidance on negotiation is non-statutory and can be used by parties both inside and outside of the arbitration system under the Act to facilitate constructive dialogue. Under the Act, [the arbitration body] will be responsible for appointing the arbitrator and will seek to consider the Applicant’s suggestions but cannot guarantee the following will be supplied.