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“HELP FOR STRUGGLING STOCKPORT PUBS IS GREAT NEWS!” says Stunell

June 4, 2014 4:52 PM

Andrew Stunell MP welcomed the new rules that will help Stockport pubs that are battling to pay rent and beer costs, announced this week.

Andrew Stunell said -

"Local pubs and their owners play a vital part in vibrant local communities right across the country, as well as making an important contribution to the economy. But far too many landlords feel their income is squeezed by big pub companies.

"So, we are taking action to make sure they get a fairer deal."

Landlords tied to large pub companies have said they are struggling to make a decent living, with more than half claiming they earn less than the minimum wage.

The Government will give landlords the right to request a rent review after five years, as well as set up an independent adjudicator with the power to resolve disputes.

Tied tenants have to buy beer from their owning company, and usually pay a higher price for it. This should be balanced out by subsidised rent or other benefits they may receive from their pub company, but this may not happen and rents can be too high. However, under the new code, pub tenants will benefit from fairer rent assessments.