Ensuring commercial rents are paid on time is key to the success of your portfolio and cashflow. But it’s also critical that any pressure put on tenants is carried out with the utmost diplomacy, discretion and tact to protect future relationships between you, the landlord, and your tenant.
At MPDA, we aim to make the first visit to the premises within 24 hours of instruction, often on the same day if instructed before 10am. As soon as the payment has cleared at our end, we pass it onto you. It’s fast, efficient and highly effective.
Distress for rent
Lengthy court applications and litigation is another area that can take up valuable time and resources. MPDA has an experienced team of certificated bailiffs that are empowered to act on your written instructions under the Distress for Rent Rules 1988. You can either instruct us online or fax the forms of authorisation back to us and we’ll set the wheels in motion.
We don’t charge commission or a handling fee in the event of distress; the tenant pays our costs. And of course it goes without saying that we follow a strict code of conduct when it comes to applying statutory fees to the tenant in accordance with Distress for Rent Rules 1988.
Forfeiture
When rent is in arrears over a specified period, most commercial leases give you the right to terminate the lease without the permission of the courts. Forfeiture is carried out by peaceful entry into the premises, changing locks and leaving notices of termination.
MPDA’s certified bailiffs can carry out the instruction on your behalf in accordance with the law. Simply instruct us online or fax the completed forms of authorisation back to us.
To find out how we can help, please get in touch via our contact page and one of our experienced team will contact you by return.
