Should I prepare myself

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    Should I prepare myself

    My wife got a text from our T who rents the shop below our flat (she handles the commercial property) and he was telling her about his tales of woe.

    Basically he fell for a scam thinking it was HMRC and he lost 20k. He paid his rent last week for this up and coming quarter so rent isn't due now until mid Jan. But do you think he is hinting he is in trouble? Is evicting a commercial T the same as a residential? I'm just suspicious why he is telling her

    #2
    evicting a commercial tenant is entirely different to the regime in evicting residential tenants. My advice is to offer the tenant to pay under a weekly standing order; a quarter's rent in advance can be quite difficult to find. If you are going for possession it must be the case that nothing has been received in the two weeks prior. But given the nervousness of the retail sector, if youve got a tenant in situ, try to nurse him along......

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