100 Days on - What next in the Lettings Industry?

Letting Agents & Property Managers have navigated this pandemic sailing through unchartered territory. Planning, putting new procedures in place to enable WFH, redistributing workloads, and then moving back through a phased approach to the office environment has been challenging to say the least.

What happens next?

1. Tenants are legally bound to pay rent, so at this three month point, it is important to review the status of those deferred payments/agreed rent reductions. Remember, post WWII Central London Property Trust Ltd v High Trees House Ltd [1947] - the agreement to delay rent payments was NOT put in writing. Any amendment to the contract MUST be MUTUALLY agreed.