Businesses affected by the coronavirus (COVID-19) pandemic will now be protected from eviction until 25 March, 2022, Economy Minister Vaughan Gething has announced.
As part of a package of interventions the Welsh Government is making to support businesses, the moratorium against forfeiture for the non-payment of rent will now be further extended. It was originally due to end on 30 September, 2021.
This measure will ensure that landlords of relevant commercial premises are prevented from forfeiting the leases of such premises for non-payment of rent until 25 March 2022, but tenant’s should continue to pay rent wherever possible, and it is in the interests of both landlords and tenants to reach negotiated agreements on any arrears.
The move will help a range of sectors at what continues to be a challenging trading period.
Since the beginning of the pandemic, the Welsh Government has ensured that more than £2.5 billion has reached businesses across Wales with more money reaching firms every day. The Welsh Government’s package of business support is in addition to that available from the UK Government.