"An industry body has accused the government of dithering on legislation covering pre-pack deals and advised landlords to take extra security from tenants to protect themselves against manipulation of the insolvency system.
The British Property Federation said landlords should look to obtain guarantees from parent companies and extra deposits of up to three month's rent."
http://www.insidermedia.com/insider...rticle&utm_campaign=westmidlands_news_tracker
I am not saying it is right but putting a company into Administration and buying back the assets is becoming increasingly common to get rid of debt and unwanted leases
The British Property Federation said landlords should look to obtain guarantees from parent companies and extra deposits of up to three month's rent."
http://www.insidermedia.com/insider...rticle&utm_campaign=westmidlands_news_tracker
I am not saying it is right but putting a company into Administration and buying back the assets is becoming increasingly common to get rid of debt and unwanted leases