Service Charge Demands

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…

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

Commercial Property Landlords

Avoid making these common service charge errors

Landlords should take care to avoid these common service charge errors to prevent non-payment and disputes with leaseholders. If you want to avoid time-consuming disputes it’s important to ensure that you are issuing service charge demands that are fair, ‘reasonably incurred’, legally recoverable and good value for money. Here are…

Posted on June 6, 2019 by Byron Crellin by Byron Crellin

Commercial Landlord

How to deter criminals from breaking into your commercial property

Leaving your commercial property vulnerable to a break-in puts you, your employees, and your business’ assets at risk. Security should always be a priority for every business owner. If you’re not proactively preparing your business for a break-in then your business is in a precarious position. Most burglars are opportunists,…

Posted on May 5, 2019May 7, 2019 by Byron Crellin by Byron Crellin

Debt Recovery - Service Charge Arrears Recovery

Administration

Top reasons service charge arrears occur

Getting to the bottom of why your leaseholder is in service charge arrears can help you to decide on the best course of action. If you’re a landlord or property management company, receiving your service charge payments on time is important to your cash flow. And retaining good cash flow…

Category: Service Charge Demands

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

Commercial Property Landlords

Avoid making these common service charge errors

Posted on June 6, 2019 by Byron Crellin by Byron Crellin

Commercial Landlord

How to deter criminals from breaking into your commercial property

Posted on May 5, 2019May 7, 2019 by Byron Crellin by Byron Crellin

Administration

Top reasons service charge arrears occur

Posted on March 15, 2019March 12, 2019 by Byron Crellin by Byron Crellin