Service Charge and Rent Arrears
We work with various Managing Agents and Landlords to assist them with the recovery of service charges from freeholders and leaseholders.
Payment of service charges is crucial to enable the upkeep of the property. If your service charge remains unpaid despite reminders it may be necessary to issue legal proceedings to recover the debt owed to you. If the property is subject to a mortgage than failing to make payment of the service charge will not only breach the terms of the lease but the mortgage also. In many instances once proceedings have been issued, a mortgage company may be willing to add the debt and the cost of proceedings to the mortgage to protect their interest in the property and avoid possible forfeiture of the lease.
We are able to provide a cost effective solution to recovering your service charge. Please contact us to discuss your requirements.