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 […]
Many commercial landlords and tenants had long complained that the current laws were outdated, overly complicated and unfair. They seemed to favour the landlord in a way that was wrong but also made it unclear what landlords could and couldn’t do. That all changed in 2014 when a new set of legislation was introduced – […]
Landlords may need to evict tenants for different reasons. Some bad tenants stop paying rent and try to ride out the storm for as long as they can, while other tenants may be mistreating the property or causing issues with neighbours. If it’s your property, the UK law lets you get rid of tenants quickly, […]
If a commercial tenant has failed to pay their rent, it is only natural that you would wish to seek to evict them, however finding the best method to suit your needs is paramount. We will show you the best way to evict commercial tenant. Forfeiting the lease The majority of commercial leases give landlords […]
CRAR stands for Commercial Rent Arrears Recovery, and it is the process undertaken when rent is owed on a commercial property only. If you’re a landlord, you can begin the CRAR process only once you have given the tenants their 7 days’ notice. If they fail to produce the rent in that week, you can […]
Repossessing a property with commercial tenants has different rules when compared to the eviction process used for tenants of residential or mixed purpose buildings. You should also keep in mind that the process to repossess a commercial or mixed-use property is often longer than that required for a property that is only residential in nature. […]
One of the greatest worries for a commercial landlord is the fact that there are times when a tenant cannot pay their rent. If you find yourself in this situation, you may consider whether to forfeit the lease. Here is a quick look at the circumstances that can lead to lease forfeiture and the benefits […]
Evicting squatters from commercial property is a situation that may affect many landlords who own commercial properties that are left empty due to a number of reasons such as holiday periods. Even though discovering squatters in a commercial property is often distressing, there are methods to remove them as quickly as possible. Since the Legal […]
On 6 April 2014, the Taking Control of Goods Regulations was introduced, and many landlords have been wondering whether this legislation affects their rights to forfeit a lease. This piece of legislation introduced the Commercial Rent Arrears Recovery (CRAR), which allows commercial landlords to take control of goods that belong to the tenant and sell […]
There are lots of situations where a tenant can find themselves in financial difficulties and are unable to pay the rent. As landlords, it is important to try to work with tenants but also to protect yourself from the loss of income that can occur if tenants are unable to pay their dues. (more…)
