The UK’s moratorium on the enforcement of commercial leases will be extended until 25 March 2022, a full two years after it was first introduced. Now, just weeks after the decision was announced, fears are growing among both landlords and tenants that the system of binding arbitration that will replace it will be costly, unworkable and slow. It could also pose an existential threat to the property industry. 
In a statement to the House of Commons on Wednesday 16 June, Chief Secretary to the Treasury Steve Barclay announced the moratorium on commercial evictions introduced in March 2020 would carry on until March 2022. That was not a surprise, but what came next definitely was.The…  Read the full story here. | 
