about us
The hugely growing public demand for apartments and long term residential leasehold block-managed homes has led to a surge of property management companies working tirelessly to manage their blocks or needing to employ the services of managing agents and solicitors in relation to general management issues of which, in particular, credit control and the recovery of arrears of services charges and ground rents are becoming a major area of importance and concern.
The slow collection of any overdue monies, whether in business or in relation to residential services charges, can have a substantial impact on the performance of obligations of landlords and management companies to provide services pursuant to the provisions of long term residential leases.
We act nationwide for managing agents, freeholders and resident management companies in respect of some of the largest residential leasehold portfolios providing:
» nationwide service
» no recovery no fee - clients pay no legal costs
» no upfront charges
» fast and efficient collection
» there are no geographical limitations to our nationwide service.
services
Our service includes the recovery of arrears of residential service charges, insurance and ground rent following default by the tenant/leaseholder as well as allowable client administration charges.
We are able to act in almost every instance on a no recovery no fee basis, as such it is rare that our clients are required to make any payment on account of any legal costs or court or Land Registry disbursements as all costs are ordinarily recovered from the late paying leaseholder.
It is crucial to the efficient running of any property management company that there is a constant review of risk and credit control issues and quick and efficient recovery of outstanding arrears of services charges. Without adequate controls management companies can find themselves under pressure from creditors who have supplied services and utilities to block-managed residential units.
This type of creditor pressure can be avoided if the services of specialised managing and solicitor agents are employed to ensure recoveries are made promptly in order to avoid and ease any cashflow difficulties that managing agents and resident management companies may otherwise experience.
SLCsolicitors is able to provide a fast and efficient collection of arrears of service charges and on a no recovery no fee basis with absolutely no upfront charges to our clients.
