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Property Management Credit Control |
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The collection of service charges and ground rents can become an problem if not administered properly. RS Cameron have developed an outsourced credit control service specifically for this sector. Our collection staff have a wealth of experience in the collection of both service charge and ground rents. Working within the terms of the lease we are able to ensure that prompt action is taken to avoid accounts escalating.
By implementing tight working controls we can maximise the collection of these charges as they fall due. Our fee structures make this service effective for the management company taking advantage of the terms of the lease.
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When a business relationship goes bad, which can be for a variety of reasons, then litigation may follow. But do you know if the other party can afford to contest or settle any award? There is little point in issuing proceedings if the other party is 'made of straw'. That is when a Status Report can save you time, and potentially stop you throwing good money after bad.
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How well do you know your customers and their trading histories before you start trading with them? Do you know if they have any County Court Judgments against them? |
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