Opinions

29 April 2022

Forced rent auctions: What property and the government need to know about how this will (and won’t) work – Andrew Denye talks to Bisnow

Last week, the Government suggested a new plan to rejuvenate the UK’s high streets and tackle the growing issue of empty retail properties: If one such property has stood empty for more than six months, the local authority could force the owner to rent it out.

This idea has been met with scepticism by industry experts, both in reference to its function and its intended effects.

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"Forsters have acted for me for some 25 years now. They have looked after all of my legal affairs over the years, conveyancing, litigation, enfranchisement, corporate, and personal with great care and professionalism. They are a hugely loyal and happy family, one that I am proud to be connected with."  
Nick Capstick-Dale, UK Real Estate Ltd
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