The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 (the Regulations) came into effect on 4 May 2021. While the Regulations will provide residential tenants with additional procedural protection regarding rent arrears, they will be an unwelcome additional hurdle to landlords.
The Regulations apply to debtors (individuals living or residing in England & Wales, not companies) more generally, but here, we focus on the implications on rent arrears owed by residential tenants. Two types of legal protections from landlord creditors are created: a standard breathing space moratorium and a mental health crisis breathing space moratorium.
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