{"id":15039,"date":"2020-03-26T00:00:00","date_gmt":"2020-03-26T00:00:00","guid":{"rendered":"https:\/\/clearway.vanillabeancreative.com\/news\/commercial-rents-march-quarter-day-business-as-usual\/"},"modified":"2024-04-05T11:14:40","modified_gmt":"2024-04-05T11:14:40","slug":"commercial-rents-march-quarter-day-business-as-usual","status":"publish","type":"post","link":"https:\/\/www.clearway.co.uk\/news\/commercial-rents-march-quarter-day-business-as-usual\/","title":{"rendered":"Commercial Rents March Quarter Day: Business As Usual?"},"content":{"rendered":"<h2>WHAT SHOULD YOU DO?<\/h2>\n<p>Though we are in unprecedented times and many businesses are likely to suffer significant financial pressures in the short term whilst the government rolls out its planned support measures, we are all faced with trying to maintain normality as best we can in the circumstances.<\/p>\n<p>We might reasonably expect that by the time we arrive at the June Quarter Day significant cash flow pressure may have bitten, dependent on how long the lockdown lasts and how effective the government support measures are in helping to protect businesses. However, rental payments due now should have been budgeted and set aside ready for payment.<\/p>\n<p>Given that, we are advising landlords and managing agents at this point to adopt a \u2018business as usual\u2019 approach to rental collections, and at least ensure a dialogue is opened to ensure that rents are paid wherever possible.<\/p>\n<h2>NORMAL PROCESSES SHOULD APPLY<\/h2>\n<p>Some businesses may already be in genuine difficulty, and you might wish to make special arrangements accordingly given the current exceptional circumstances However, it is important that contact is made to discuss where non-payment occurs. As things currently stand:<\/p>\n<ul>\n<li>You still have entitlement to enforce where necessary.<\/li>\n<li><a href=\"https:\/\/www.clearway.co.uk\/crar-commercial-rent-arrears-recovery\/\">CRAR<\/a> enforcement notes can still be issued, though you have 12 months from date of issue to apply them. This gives you control, but critical breathing space in this difficult time, to decide how best to protect your commercial interests.<\/li>\n<li>We can provide you with a FREE Business Credit Risk Rating Report which will enable you to get an up to date picture of the financial status of your clients, and better inform your decision-making processes through this critical period. This is available on request when you submit a CRAR instruction against a Limited Company.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>WHAT SHOULD YOU DO? Though we are in unprecedented times and many businesses are likely to suffer significant financial pressures in the short term whilst the government rolls out its planned support measures, we are all faced with trying to maintain normality as best we can in the circumstances. We might reasonably expect that by&#8230;<\/p>\n","protected":false},"author":12,"featured_media":16071,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"area":[50],"class_list":["post-15039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","area-evictions-debt-recovery"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Commercial Rents March Quarter Day: Business As Usual? - Clearway<\/title>\n<meta name=\"description\" content=\"Commercial Rents March Quarter Day: Business As Usual? - Read the full story here at Clearway - leaders in property protection - securing tomorrow today.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.clearway.co.uk\/news\/commercial-rents-march-quarter-day-business-as-usual\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Commercial Rents March Quarter Day: Business As Usual? 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