COLLECTION OF SERVICE CHARGE ARREARS IN LONDON
Commercial Rent Arrears London has developed a pre-legal debt recovery solution work stream to recover outstanding Service Charges & Insurance on behalf of landlords and managing agents. This service is used to recover debts that are often accrued in tandem with commercial rent but are excluded under Commercial Rent Arrears regime.
A no-collection, no-fee service, shows the confidence Commercial Rent Arrears London have in our ability to recover service charge arrears. You have zero costs when you instruct us on Commercial Rent Arrears and to recover insurance and service charges owed simultaneously.
The non-payment of commercial rent and compounded by service charges arrears commonly leaves landlords in London profitability and cash flow adversely affected. If you find yourself in this position when tenants leave with unpaid debts. Commercial Rent Arrears London are able to combine the collection processes under one client instruction, with the focus on a swift, recovery of the full outstanding amount.
There are several ways to continue the collection process without needing to resort to court proceedings in circumstances where arrears cannot be immediately collected, Commercial Rent Arrears London are happy to explore these before an escalation into Legal Proceedings . If legal action is required our service fast and effective in recovering all types of debts for businesses across London. On receipt of your instructions the legal team will manage the whole process providing you updates throughout. Should the debt be disputed we will set-out your options and costs from the outset, so you know exactly where you stand.
Frequently Asked Questions
Different regulations apply to the recovery of service charges and commercial rent. Collections must be legally enforceable, fully documented and aligned with the terms of the lease
Service charges can only be recovered if they were incurred within 18 months of demanding them from the leaseholder, provided the demand is made in writing within this time frame, they can be recovered within six years. Prompt action on issuing a demand is vital to ensure full recovery
Commercial Rent Arrears London offer a ZERO COST service to collect outstanding service charges when instructed to simultaneously collect rent arrears.
Start the collection process here https://crarlondon.co.uk/contact/
