Freehold Debt and Estate Rentcharges
Dealing effectively with debts on freehold properties, such as new-build estates with common parts, can be difficult – unless you have the freehold debt recovery specialists at Brady Solicitors in your corner.
Helping you tackle the challenge of arrears on freehold property
Recovering the costs of managing communal areas can be a headache for managing agents of freehold properties. Non-payment of these estate rentcharges can quickly impact your ability to effectively manage the property, yet property owners don’t always understand their liability to pay. Unlike with service charge debts, you don’t have a lease to rely on and arrears recovery can be difficult.
Our fast and effective freehold debt recovery system helps you to recover unpaid contributions to the cost of communal services provided to freehold property owners.
Brady Solicitors offer you:
- Market leading success rates in estate rentcharge arrears recovery
- No upfront cost to freeholder or managing agent
- Fast recovery of freehold debt often with no need for court proceedings
- Simple instruction process
- Easy to read and intelligent reports
Estate rentcharges: what are they?
Estate rentcharges, freehold property charges, service charges on freehold property: the terminology varies but essentially we are talking about tools to secure contributions to the costs of maintaining communal areas such as a shared driveway, shared leisure facilities or green space.
They are not service charges but many people describe them as such. Whatever you choose to call these contributions, they are essential for ensuring freehold developers or estate managers can recover the costs of services provided to freehold property owners. These (usually annual) charges are common in new build developments of multiple freehold houses or older developments on private land, where the roads remain unadopted by the local authority.
Often it can come as a surprise to the individual property owners that they have obligations to contribute to communal areas or services, and this can add to the difficulty of the recovery process.
Blog
We blog regularly on a range of property-related legal matters, from service charge arrears recovery through to lease extensions. We also aim to bring up to date, easy to read analyses of recent cases to help readers stay informed. Many of our blogs arise from questions we are asked by our clients; to suggest a possible blog topic please do get in touch.
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For help with recovering unpaid estate rentcharges contact Brady Solicitors’ specialist freehold solicitors
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