Following the introduction of the Government’s Levelling Up and Regeneration Bill to the House of Commons on 11 May 2022, we follow up on our article Levelling Up – Government to play matchmaker on the high street? with an overview of the proposed legislation.
In brief, the Levelling Up and Regeneration Bill (the “Bill”) establishes a statutory notice procedure to be followed by local authorities before a rental auction can be carried out and the landlord required to grant a short-term tenancy to the “successful bidder”.Continue Reading Levelling Up and Regeneration Bill – High Street Rental Auctions