Industry comment, updates and news from the Websters team.

CRAR: Commercial Rent Arrears Recovery – new rules for sending in the bailiffs

Thursday, May 15th, 2014 in Commercial, Landlord, Managing Agent, News

King & Wood Mallesons has reported that CRAR (Commercial Rent Arrears Recovery) – the new rules for seizing a tenant’s goods – comes into force on 6 April 2014 in England & Wales, replacing the ancient common law rules of distress for rent.  CRAR is designed to be fairer to tenants, but will it be an effective remedy for landlords and are there any alternatives?

Read the full article here

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