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Household bills have been a major problem to consumers for some time now, with soaring prices pushing many to the edge of debt. The upcoming annual rises are only going to make things worse. Two recent surveys suggest a large proportion of households are going to be in serious difficulty. What Rises Are Coming for Household Bills? A number of bills will be rising substantially in April — and a massive 73% of people s

If you’re a landlord, serious rent arrears can prove inconvenient and annoying, reducing your ability to pay bills and to invest in growth. There are mechanisms to recover rent arrears, but these are different depending on whether the rental is for domestic or commercial purposes. If you need to recover commercial rent arrears, the mechanism is the Commercial Rent Arrears Recovery scheme — CRAR for short. What Is CRA

Of the various approaches you can take to recover money owed to you, applying for a bankruptcy against your debtor is perhaps the most extreme. While individuals who owe money they can’t repay may declare themselves bankrupt, a creditor owed more than £5,000 can also apply for a Bankruptcy Order. When to Apply for a Bankruptcy Order You can apply for a Bankruptcy Order if an individual owes you money you can

During the Covid lockdown, many businesses unable to trade or use their premises fell into arrears with their commercial rent. Although businesses are generally up and running again, many have found difficulties in catching up with these arrears. This has obviously also impacted on landlords’ finances, but the government’s Commercial Rent (Coronavirus) Act 2022, which came into force on 24th March, has se

On the 10th March, the Government announced that the current moratorium on evictions will be extended until 31st May, for both domestic and commercial tenancies. This is clearly good news both for people who rent their home and for struggling businesses, but not necessarily for equally struggling landlords. So, does this mean that no evictions can take place, regardless of the circumstances? The Extension of the Mora

During the first Covid-19 lockdown, we were in unknown territory, and rules had to be worked out on the go. This time, we’re more used to being locked down, and regulations (many of which are much the same as for tiers 2 and 3) have been put quickly in place. And this includes the regulations for enforcement visits for writs of control, writs of possession and serving eviction orders. The Rules for Writs of Con

Although often a controversial topic, instructing a bailiff is one of the most effective ways of collecting a debt in the UK. If a tenant is in rent arrears or they have another outstanding debt to you, using the services of a bailiff is often the most straightforward means of recovering the amount. If you instruct a team of bailiffs to recover an outstanding debt from your commercial property – whether that is a sho