We are backing the #nationaltimeout campaign. We have written to our prospective MP’s to try and push this further. Apart from Linda on Trip Advisor, we think you need us and we definitely need you! x
Push back the next 9 months/three quarters of rent (April-December), so that nobody pays anything until Q1 2021, when rental payments start as normal again. A 9 month #NationalRentFree.
Allow the landlord to extend each corresponding lease by 9 months so that those payments aren't lost, just postponed.
Enable the same push back for landlords on the next 9 months of their loan repayments, to help them bridge the cashflow gap from three quarters of no rent (with the debt secured on premises benefiting from the rent postponement). Include other protections and support for landlords, for example enhanced access to the Coronavirus Business Intervention Loan Scheme (CBILS); continued service charge and insurance payments so that premises can be maintained/safeguarded, and preventing penalties for postponed payment. ...