Brady Solicitors’ service charge specialists have delivered an outstanding result for a new Brady Solicitors client, overseeing the recovery of over £20,000 of service charge arrears at an average time to settlement of just 20 days.
Our client turned to Bradys when their over-worked credit control team needed a hand to stay on top of chasing and collecting service charge demands. The demands had been correctly issued but the managing agent was facing the common problem of a number of leaseholders being slow to pay.
We were instructed on 30 service charge debts, where the leaseholders had simply been ignoring our client’s requests for payment.
Through our speedy and efficient service charge collection system we were able to swiftly get on top of the arrears, hitting an average time to settlement of 20 days as our specialists explain:
‘It’s rewarding to be able to deliver such a fast result for a new client. This is a very well-run block and it was simply a case of lack of time hindering the collection of service charge debts.
‘We worked from the client’s statement of arrears and were able to recover all the unpaid demands at no cost to them. Hopefully we have made the managing agent’s life a little easier!’
Don’t let unpaid service charge demands languish
Brady Solicitors can help you stay on top of service charge demands. Send Bradys dedicated arrears recovery team your statement of arrears or give us a call on 0115 985 3450 and we can get the monies flowing quickly into your account.