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 provided independent property consultancy services to the College for a number of years. This advice has included property valuations and negotiation around property acquisition and disposal, rent reviews and the preparation and negotiation of the College’s farm business tenancy agreement. The College has consistently received an excellent and professional service from Cooke & Arkwright and their valuable support to the College is recognised and appreciated.

Bob Bates, Director, Coleg Gwent