Debt Recovery

We maintain a strict chasing policy for non payment of charges via a dedicated credit control department to ensure a healthy cash flow.

Reminder letters are sent and we are trialling reminders via text messaging. Where payment is still not forthcoming, we will instruct solicitors (seeking clients approval where required) to recover outstanding sums. Where necessary we will attend County Court or the Leasehold Valuation Tribunal.

We regularly achieve collection rates of more than 90% within the first 4 weeks of the sums being due.

Debt Recovery

Michael Laurie Magar Ltd Premiere House, Elstree Way, Borehamwood, Hertfordshire, WD6 1JH

T: 020 8492 9850  |  F: 020 8492 9851  |  E: enquiries@mlmproperty.co.uk