The BRC's second annual survey on this shows availability of monthly rental terms which can ease cashflow pressures has stopped increasing.
In December 2009, we found the proportion of property leases on monthly terms had risen from 3% to 12% over the previous two years. Twelve months on, that figure is still 12% although the proportion of those where the agreement is permanent has risen to two thirds.
The best landlords show a willingness to work with tenants and recognise that it's in their own interests to have properties occupied by thriving businesses. Those who don't should make a new year's resolution to offer this option.
Stephen Robertson, director general, British Retail Consortium