Dukes’ 3-tier recovery service gives power back to property owners and managing agents
After the turmoil caused in commercial rent arrears recovery (CRAR) by the new regulations introduced with last April’s Tribunals, Courts and Enforcement Act, Dukes are now experiencing an increasing level of enforcement instructions and collections as we help commercial landlords fight back against late rent payments and defaulting tenants.
Last year’s dip in enforcement instructions coincided with the Ministry of Justice’s law changes which included the mandatory sending of a Notice of Enforcement to tenants in arrears. The new regulations also removed the ability to use CRAR to enforce:
- on commercial premises that were also being used as residential accommodation
- associated debts other than ‘pure rent’ such as insurance, maintenance and management fees
But although commercial landlords now have diminished powers, Dukes offer a range of methods to help property owners for whom rent arrears and associated debts are mounting.