CRAR Update

The Taking Control of Goods and (Amendment) (Coronavirus) Regulations 2020 - CRAR Update

The Government have amended the Taking Control of Goods and (Amendment) (Coronavirus) Regulations 2020 and came into force from the 25th April and will remain in effect for the duration of the Coronavirus restrictions.

The Government is increasing the minimum amount of rent that must be due before CRAR may be used, to provide businesses with additional protection and flexibility in managing their finances.

Coronavirus Act 2020 amendment to Regulation 52 of the Taking of Control Goods (minimum amount of net unpaid rent for CRAR to become exercisable):

  • Where the notice of enforcement is given after the coming into force of the 2020 Regulations and during the relevant period, the minimum amount of net unpaid rent for the purposes of section 77(3) of the Tribunals, Courts and Enforcement Act 2007 is an amount equal to 90 days’ rent.

Section 77 The rent recoverable:

(3) CRAR is exercisable only if the net unpaid rent is at least the minimum amount immediately before each of these-

(a) the time when notice of enforcement is given;

b) the first time that goods are taken control of after that notice.

These measures are time-limited, and it is the Government’s view that enforcement during the coronavirus period is it very difficult for enforcement agents to comply with social distancing requirements. The Government is therefore legislating to ensure a uniform approach is taken across the enforcement industry and requests in all circumstances that creditors take a flexible and sympathetic approach to enforcement proceedings.

During this time of unprecedented disruption, Debt Squared remain available to act across both debt and property service requirements.

Services Available:

Commercial Rent Arrears Recovery (CRAR)

Can I instruct Debt Squared?

Yes

Debt Squared Comment

Government have introduced temporary new measures during the coronavirus pandemic.

Statutory Demands and Winding-up Petitions issued to commercial tenants are temporarily voided.

You can instruct Debt Squared if are owed 90 days or more of unpaid rent.

Service Charge Arrears Recovery (SCAR)

Can I instruct Debt Squared?

Yes

Debt Squared Comment

Exclusive to Debt Squared our SCAR services remain in-place for pre-legal debt recovery instructions.

Trespass - Travellers

Can I instruct Debt Squared?

Yes

Debt Squared Comment

Common law evictions remain available and Debt Squared are launching a 24/7 Trespass Response Service for clients to subscribe into.

Commercial Properties - Squatters

Can I instruct Debt Squared?

Yes

Debt Squared Comment

Possession proceedings are available for Debt Squared Enforcement Agents to enforce and take-back commercial properties.

Tenant Vacating & Void Property Management

Can I instruct Debt Squared?

Yes

Debt Squared Comment

Debt Squared are available for managing tenants vacating properties, on agreed break clauses, or end of commercial leases.

Debt Squared will manage the property handover and carry-out void property management services on behalf of the client/landlord.

Security

Can I instruct Debt Squared?

Yes

Debt Squared Comment

UK SIA Man-Guarding & K9 Unit patrols and static services for both short-term and extended periods available.

Trace & Collect Former Tenant Arrears

Can I instruct Debt Squared?

Yes

Debt Squared Comment

Our internal teams work across debt ledgers of up to 6 years old, recovering outstanding monies.

Bollards & Fencing

Can I instruct Debt Squared?

Yes

Debt Squared Comment

Property security measures remain in-place for clients securing properties and land.

Fly Tipping Removal and Clear Up

Can I instruct Debt Squared?

Yes

Debt Squared Comment

With the recent rise in instances of anti-social fly tipping activities Debt Squared have geared up to ensure provision of a rapid response service to address clearance professionally and ensure implementation of effective clean up processes post removal.

Debt Squared Group are part of The Clearway Group and operate an extensive range of services across the UK.

Through these unprecedented times we are committed to supporting our clients and have created our hub to offer information regarding Coronavirus (COVID-19) as it becomes available to us - view hub.

We are here to help

Our team of experienced and qualified advisors are still in place to provide advice, support and provide recovery action where require.

At this very sensitive and worrying time for all we are keen to ensure that you have all the facts and support you need to make the very best decision for your business and your clients.

CALL OUR SUPPORT LINE NOW ON:
0800 002 9049