Lord Lucas
Main Page: Lord Lucas (Conservative - Excepted Hereditary)Covid-19: Furloughed Space Grant Scheme
Lord Lucas Excerpts
Baroness Penn
Our approach to commercial landlords and commercial tenants is to support the code of practice being developed so that between the two of them, they can resolve payment structures and solutions that work for both of them.
Lord Lucas (Con) [V]
My Lords, does my noble friend agree that at this time it is important that commercial landlords should bear their share of the pain? Will she therefore institute a register of those landlords that sign up to the code of practice and fulfil their obligations under it so that in the future, when businesses look to choose which landlord to contract with, they will know who behaved well during this time of crisis?
Baroness Penn
That is an interesting proposal from my noble friend. At the moment, our focus for the code of practice is to ensure that tenants, commercial landlords and lenders all find solutions so that viable businesses are able to continue working while we deal with the period of lockdown. However, we may want to look at such things in the future.