Welsh Government announces extension of moratorium on forfeiture for non-payment of rent

3 September 2021

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Welsh Government  has announced that the moratorium on forfeiture for non-payment of rent due to Covid 19 pandemic is to be extended from 30th September to 25 March 2022.

This announcement brings Wales in line with the protection given to commercial tenants in England announced by UK Government in June.  The Welsh Government encouraged tenants to pay rent where able to do so.  It will consider how it intends deal with the issue of commercial rent arrears built up during the pandemic over the coming months and will work with the UK Government on these proposals.

Philip Angell, Director of Property Management at Cooke & Arkwright, commented “This announcement was expected as it would have been surprising if Welsh Government offered less protection to commercial tenants than their Westminster counterparts”

Cooke & Arkwright have looked after our property assets in South Wales for many years. Their knowledge of the South Wales market coupled with enthusiasm and willingness to go the extra mile has ensured we keep ahead of the market.

James Rodge, Rockspring