Room for manoeuvre in rental debate as tenants face difficulties

Many tenants are now experiencing trading difficulties and finding it difficult to meet rental obligations. Landlords and tenants need to be aware of their rights, and take specialist advice, if insolvency is the only alternative.

28th March, 2009

Many tenants are now experiencing trading difficulties and finding it difficult to meet rental obligations. Landlords and tenants need to be aware of their rights, and take specialist advice, if insolvency is the only alternative.

Tenants are pressing landlords to renegotiate rents. The management of Aurora Fashions - the entity which recently brought the Oasis, Karen Millen, Warehouse and Coast chains out of administration in Britain - announced they would be seeking rent reductions of...

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