Commercial rent (CRAR)
The key to successful property management is the guarantee of cash flow through regular rental payments. Where this fails, we can act swiftly to secure the landlord’s interests by taking control of goods under CRAR (commercial rent arrears recovery).
CRAR was introduced in April 2014 as part of the enactment of the Tribunals and Courts Act Part 3 (2007) and the Taking Control of Goods Regulations (2013).
When can you use CRAR
CRAR replaces the previous remedy of distress. It does not require a court order, but there are certain conditions attached to CRAR:
- There must be a written lease in place
- It may only be used for commercial premises
- the rent must be in arrears by at least 7 days
- It may only be used to recover rent, interest and VAT as per the lease. Service and other charges are not recoverable under CRAR
- Tenants must be given 7 days notice of enforcement after the rent has become overdue
- Only an enforcement agent can take control of goods belonging to the tenant to recover under CRAR
Mindful of ongoing landlord-tenant relationships, we will recover the unpaid rent with the minimum of fuss and at no cost to the landlord (unless we are instructed to withdraw).
Our CRAR services are delivered by our parent company, High Court Enforcement Group, who are the largest independent company of authorised High Court Enforcement Officers.
If you would like to find out more, please contact the team on 01792 450031, or use the link below to instruct them