Insights

Industry comment, updates and news from the Websters team.

Danger if rents quoted inclusive of service charge

Tuesday, October 29th, 2013 in Commercial, Landlord, Managing Agent, News, Service Charge

Anna Rutherford of Speechly Bircham notes that the Taking Control of Goods Regulations 2013 made on 26 July 2013 provide further detail on the Commercial Rent Arrears Recovery (CRAR) procedure which comes into force next April. There has been uncertainty and speculation concerning the new regime which replaces the existing law on seizure and sale of goods and the archaic law of distress.  CRAR seeks to provide a unified procedure for enforcement agents to follow. Since the Regulations cover specific amounts of rent only, commercial Landlords might be advised to refrain from offering inclusive rents, without detailing separate sums for rent and service charge. 

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