Code of Practice for Commercial Property: COVID-19

The Government has issued a Code of Practice for landlord & tenant relationships in dealing with rental income shocks affecting commercial property caused by by the COVID-19 pandemic.

It is a voluntary Code which is intended to reinforce and promote good practice, encouraging transparency and collaboration, a unified approach and that parties act reasonably and responsibly recognising the purpose and benefit of Government support received.

The Code does not change the underlying legal relationship or lease contracts between landlord and tenant, and any guarantor; the new Code can be downloaded using the following link:

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/893637/Code_of_Practice_for_commercial_property.pdf