The Law Commission has today announced that it will be carrying out a review of the Landlord and Tenant Act 1954 - the legislation which provides businesses with security of tenure, when they take commercial leases. 

This review was trailed during the Covid-19 pandemic when the Government indicated that it intended to look at all aspects of landlord and tenant law, as part of its response to a substantial increase in the volumes of rent arrears within the commercial property market. 

However, prior to the pandemic, property professionals had been calling for the reform of the Landlord and Tenant Act 1954 for some time. As such, the outcome of the Law Commission's review will be closely examined.

We shall provide further updates in due course, once the Law Commission has published its findings.