Welcome to the latest edition of MoFoReal, our newsletter highlighting recent activities and other developments in MoFo’s European Real Estate team. We hope you enjoy it and would really appreciate your feedback and...more
9/29/2021
/ Affordable Housing ,
Arbitration ,
Commercial Leases ,
Coronavirus/COVID-19 ,
EU ,
Landlords ,
Libor ,
Rent ,
Sterling Overnight Index Average (SONIA) ,
Tenants ,
UK
The UK Government announced yesterday (7 January 2021) that leaseholders will be given the right to extend their leases by a maximum term of 990 years at zero ground rent. This announcement forms part of the biggest reform of...more
When considering options for the recovery of outstanding rent, landlords should remember that, in addition to recourse via an existing guarantor or a rent deposit, another avenue available to them in these challenging times...more
On 23 April 2020, the UK Government announced that they will be implementing additional measures to protect tenants against aggressive debt recovery actions by landlords during the coronavirus pandemic. In addition to the...more