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Keeping It Real Estate News and Trends in UK Real Estate, Disputes and Planning Law

Tag Archives: rent arrears

Posted in Real Estate News

COVID-19 UK – Additional breathing space…but tenants who can pay should

Last week the government announced that: the forfeiture moratorium is to be extended until 30th September 2020; Commercial Rent Arrears Recovery (CRAR) can only be used where tenants owe at least 189 days of unpaid principal rent; the draft Corporate Insolvency and Governance Bill has been amended, extending the temporary ban on the use of winding-up

Posted in Real Estate News

Enforcement action for arrears – a useful reminder for landlords

Although company voluntary arrangements have stolen the headlines this year, there are many other tenants, particularly those in the retail sector that are not seeking to reduce their rents but simply falling into arrears.  This presents a significant headache for landlords trying to manage their property portfolios. There are a number of remedies available to

Posted in Real Estate News

Commercial Rent Arrears Recovery – a step closer

The UK government has finally taken its second legislative step towards reforming the law of distress and replacing it with the snappily named Commercial Rent Arrears Recovery (CRAR) which it originally mooted six years ago in the Tribunals Courts and Enforcement Act 2007.  Despite uncertainty over the future of CRAR, the new regime is likely