After this period commercial tenants will still be liable for rent and, therefore, the UK Government is monitoring the impact on commercial landlord’s cash flow. The measures are included in the Coronavirus Bill.
The Bill also includes new measures to ensure that Business Improvement Districts (BID) are equipped to manage the impact of the crisis on local economies and helping town centres and high streets recover.
The change will come into force when the Coronavirus Bill receives Royal Assent. It will last until 30 June 2020, with an option for the Government to extend if needed. It will apply to England, Wales and Northern Ireland.