Since the outbreak of Covid-19, BHT along with the other member firms of the PAI – Commercial Property Network of independent surveying firms across the UK have been comparing their experiences in their property management departments.
With the March Quarter day falling at the start of the lockdown, it is unsurprising that rent collection has become more challenging in recent weeks. The data that has been collected from across the PAI network is helping us to understand how the UK property market has reacted and continues to behave in these unprecedented times.
The statistics have been shared with various members of the property profession from the British Property Federation and Civil Servants to the Ministry of Housing, Communities, and Local Government who are tasked by the Government to understand the impact of coronavirus on the commercial property sector.
For any property management advice please contact David Brackenridge on 0113 244 9020 or david@bht.uk.com.
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