Service Charges | Category

What landlords and tenants need to know. How does COVID-19 impact commercial lease obligations? Given the potential adverse financial impact on tenants, a common question is whether tenants can refuse to pay rent, pay less rent and/or seek to terminate the lease prematurely. The starting point is to review the…

Posted on February 17, 2021 by Byron Crellin by Byron Crellin

Commercial Landlord

Covid-19 hits retail rent collections at British Land

British Land has collected 71% of rent due for payment in December, as Covid-19 continues to have an impact on its income. With the November lockdown and a range of tier restrictions across the country, the company’s retail collections were hit hardest. While British Land had collected 95% of office…

Posted on January 20, 2021January 13, 2021 by Byron Crellin by Byron Crellin

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

Commercial Landlord

Forfeiture of Lease

Get possession back quickly of your commercial property – Our Certificated Enforcement Agents can attend often the same-day you instruct us. Landlords – Legal Warning If you own any property/land, you can face claims for compensation if a member of the public suffers an injury whilst on it, even if…

Posted on September 20, 2020September 3, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

What will happen when the payment holidays end?

A report from the financial reporter has suggested that 60% of people will struggling to repay after payment holidays end in the UK following the Coronavirus Pandemic. Of the 3.7 million households in the UK granted a bill ‘payment holiday’, over 6 in 10 are already facing financial difficulties and…

Posted on September 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

Service Charge Arrears

How to handle a service charge dispute

Service charge disputes can be costly and time-consuming if not handled efficiently. Landlords have a responsibility to maintain the condition of all their residential and commercial properties. They may be able to recoup some of the costs of doing so by issuing tenants with service charges. There are however several…

Category: Service Charges

Clearway Group

COVID and commercial leases

Posted on February 17, 2021 by Byron Crellin by Byron Crellin

Commercial Landlord

Covid-19 hits retail rent collections at British Land

Posted on January 20, 2021January 13, 2021 by Byron Crellin by Byron Crellin

COVID-19

Business Evictions ban extended until March 2021

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

Commercial Landlord

Forfeiture of Lease

Posted on September 20, 2020September 3, 2020 by Byron Crellin by Byron Crellin

Commercial Landlord

What will happen when the payment holidays end?

Posted on September 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

Service Charge Arrears

How to handle a service charge dispute

Posted on February 4, 2020February 14, 2020 by Byron Crellin by Byron Crellin