Service Charge Demands

COVID-19

Business Evictions ban extended until March 2021

The latest Government announcement has advised business owners affected by the pandemic will be protected from eviction until the end of March 2021.What you need to know:-Business eviction ban extended until the end of March 2021.-Review of commercial landlord and tenant legislation to be launched.-Builds on the extra £280 billion…

Posted on December 10, 2020December 10, 2020 by Byron Crellin by Byron Crellin

Administration

Will Turnover Leases be the future?

Turnover leases have always comprised a small section of retail and leisure leases. Previously, however, they have generally been combined with an element of a base rent; a traditional 10-year lease, say, with a five-year break clause. These leases were very much geared in the landlord’s favour, guaranteeing a rental…

Posted on December 3, 2020December 3, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

A new service to help collect unpaid Commercial Rent

CRAR Protective Warrants of Control by Debt Squared Group. Assisting tenants impacted by COVID-19 with fixed CRAR charges. What does it offer? Fully compliant with current enforcement legislation. Protective charge over the assets. An agreed payment-plan that is administrated by Debt Squared Group. No interest applied. No negative credit impact…

Posted on June 20, 2020June 10, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

Landlords to take £146m rent hit

Recently reported in the Financial Times, Travelodge has said it is expected to lose £350m in sales this year and that it would take hotels “several years” to return to 2019 levels, when its revenues were £727.9m for the full year. The budget hotel company, is asking landlords to waive up to…

Posted on May 7, 2020 by Byron Crellin by Byron Crellin

Begbies Traynor

Over 500,000+ UK Companies in Financial Distress

A recent survey from redflaghalert has suggest that there has been a significant increase in businesses experiencing critical distress; 2,289 companies are now in this category. Between Q4 2019 and Q1 2020, the increases in certain sectors have been dramatic: Bars and restaurants: +37% Real estate and property: +21% Construction:…

Posted on April 29, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

Will your portfolio be affected by the Coronavirus?

We know that our clients will be concerned about the spread of coronavirus (Covid-19) and how this will impact on UK businesses. Start the process today with our experienced Recovery Account Managers provide industry leading advice to landlords and property agents across the UK. For example, we are aware that…

Posted on March 20, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

Why Universal Credit claimants are likely to fall into rent arrears?

Studies have found that universal credit is still causing many tenants to fall into rent arrears. According to the Independent, if your tenant claims universal credit, they are six times more likely to fall into arrears with their rent than other benefit claimants. Research by the Residential Landlords Association also…

Posted on December 29, 2019April 7, 2020 by Byron Crellin by Byron Crellin

Debt Squared

What to do if a tenant abandons a property

If your tenant vanishes into thin air before their tenancy has ended, it’s important to handle the situation with care. When a tenant mysteriously disappears, it can leave the landlord in a tricky situation. Whilst it may seem obvious that they have upped sticks and left, how can you be…

Posted on November 21, 2019November 6, 2019 by Byron Crellin by Byron Crellin

Debt Collection

Is your tenant is illegally subletting your property?

What to Do NextUnless you have stated in your tenancy agreement that your tenant may sublet all or part of the property, subletting without your permission is against the law. There are many reasons why a landlord may not want their tenants to sublet. When a tenant sublets the landlord…

Posted on August 25, 2019April 7, 2020 by Byron Crellin by Byron Crellin

Commercial Tenant

Landlords increase rent in response to tenant fees ban

Since the Tenants Fees Act was introduced, many landlords have increased the price of rent to recoup their losses. The new Tenants Fees Act came into effect on 1 June 2019, preventing landlords from charging up-front admin fees and end of tenancy fees. Landlords found to be breaching the new…

Category: Service Charge Demands

COVID-19

Business Evictions ban extended until March 2021

Posted on December 10, 2020December 10, 2020 by Byron Crellin by Byron Crellin

Administration

Will Turnover Leases be the future?

Posted on December 3, 2020December 3, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

A new service to help collect unpaid Commercial Rent

Posted on June 20, 2020June 10, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

Landlords to take £146m rent hit

Posted on May 7, 2020 by Byron Crellin by Byron Crellin

Begbies Traynor

Over 500,000+ UK Companies in Financial Distress

Posted on April 29, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

Will your portfolio be affected by the Coronavirus?

Posted on March 20, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

Why Universal Credit claimants are likely to fall into rent arrears?

Posted on December 29, 2019April 7, 2020 by Byron Crellin by Byron Crellin

Debt Squared

What to do if a tenant abandons a property

Posted on November 21, 2019November 6, 2019 by Byron Crellin by Byron Crellin

Debt Collection

Is your tenant is illegally subletting your property?

Posted on August 25, 2019April 7, 2020 by Byron Crellin by Byron Crellin

Commercial Tenant

Landlords increase rent in response to tenant fees ban

Posted on August 12, 2019 by Byron Crellin by Byron Crellin