Search
  • HCP Finance

Code Of Conduct For Commercial Landlords



The Daily Telegraph has reported a code of conduct is being developed by the government to relieve the steadily deteriorating relationship between a growing number of commercial landlords and their tenants, who either cannot or will not pay rent. Its purpose is to establish rules that will assist both sides to resolve disputes that have escalated during the pandemic.


A worrying statistic was quoted: commercial landlords collected around one third of the £2.5 billion usually paid by retail tenants on the March quarterly rent day. It is anticipated that June will be worse.


Hopefully, this situation will improve quickly when the pandemic restrictions ease, but it does mean many Lenders will show understandable caution in the sector.


Landlords and property investors will probably need to look beyond their usual providers if they need to borrow additional funds.


Commercial Finance Brokers are in a good position to help, so long as they have access to the entire regulated market.

11 views
  • Facebook
  • Twitter
  • YouTube
  • Pinterest
  • Instagram

Data Protection Statement : We comply fully with the General Data Protection Regulations ( GDPR ) 2018 and all client data and information you provide to us will be managed, processed and kept secure in accordance with the GDPR. We will never share, sell or distribute client data to any other third party other than Banks, Lenders , Brokers or Packagers whom we believe may serve the best interests of you the client.
To view our full Data Protection Statement click here.
To view our Client Privacy Policy click here.

HCP Finance is a trading style of HCP Finance Limited (FRN:760775) who are Credit Brokers and are Appointed Representatives of White Rose Finance Group Ltd (FRN: 630772) Authorised and Regulated by the Financial Conduct Authority.

 

PLEASE MAKE BORROWING DECISIONS CAREFULLY, PROPERTY OR OTHER ASSETS OFFERED AS SECURITY MAY BE AT RISK IF YOU CANNOT KEEP UP WITH REPAYMENTS.

© 2020 by HCP Finance - Website created by GoRanks.com

HCP Finance Ltd, Hill Quay, 14 Commercial St, Manchester M15 4PZ - Email: enquiries@hcpfinance.co.uk
Tel:  0161 266 7075