Having a residential property is one thing, finding the right tenants is another altogether. As a landlord, you must have given a thought to how to choose the best tenant for your rental property. While the thought of earning a rental income from your property is an enticing one, some tenants have the potential to make […]
In spite of the uncertain future of covid-related legislation, 2022 will certainly bring major legal changes to the private rented sector in England and Wales. So we ask, will the government scrap Section 21 this year, and what could this mean?
Evicting tenants through the official legal procedure inevitably takes some money and research. Regretfully, for many landlords, court time and fees are necessary. But what are those court costs likely to amount to? And who is responsible for paying the legal fees for evictions?
The rules for forfeiting a commercial lease were amended last year to protect businesses that were badly affected or forced to close during the Covid 19 crisis. With these restrictions likely to remain in place at least until March 2022, you should be aware of your current rights as a landlord when it comes to ending the leases on commercial properties. What […]
As a landlord, getting the right tenant is always tricky. This can be even harder with commercial properties as these are used for business and rely on the business succeeding. While you always hope for the best, sometimes there are situations where you need to consider commercial tenant eviction. So if this is you, let’s take a look […]
During the last eighteen months, many landlords have seen their retinal income collapse because of the Government’s Covid-19 rules on cessation of CRAR and Forfeiture of commercial properties. We are having daily conversations with clients, old and new who are asking a very simple question, “What can I do to get my rent?”. The short […]
As a landlord, the position of a commercial tenant not paying rent is a big issue. In the current pandemic, this problem has become more complex and potentially more drawn out. What can you do if you have a commercial tenant not paying rent while keeping within the laws and current COVID-19 regulations? Covid-19 effect […]
As a landlord, one of the biggest issues you will face is if a tenant stops paying their rent but is still occupying the property. It’s the nightmare situation that can be stressful and frustrating as well as expensive – after all, mortgages and other bills still need to be paid. A common question from landlords […]
Commercial Rent Arrears Recovery (CRAR) is a process that was introduced on April 6th, 2014 to replace Distress for Rent. It means that landlords can recover rent without needing to go to court, (this can only be done by using certificated enforcement agents). What is CRAR for? CRAR is a procedure that only applies to […]
A CCJ – or County Court Judgement – is a stage of debt recovery that means a court has been contacted and is now responsible for dealing with the debtor. If you are owed money and cannot recover the debt, a CCJ can be an extremely helpful tool in recovering that money. Debtors cannot ignore […]