Upon the introduction and enactment of an the Tribunals, Courts and Enforcement Act 2007 back in 2014. We see CRAR (Commerical Rent arrears recovery) replaces distress for rent.
What that means for Commercial Landlords is that now they must (by law) Instruct Enforcement Agents to recover commercial rent owed. In order to do this, without going to court, can utilise Schedule 12 of the Tribunal, Courts and Enforcement Act to recover rent payable under the lease.
Where unfortunate situations like this arise , we offer to collect service charge and associated debts free of charge to both Landlord and Tenant if combined with instruction for rent arrears under CRAR.
This is at no cost to the Landlord as the debtor pays our fees!
Under CRAR, only rent, interest and VAT may be eligible for recovery