Contact us on

020 7611 4848

email us

Sub-menu

Arrange a Callback

Ask a Question

Articles

Tuesday, 12 January 2016

How to re-negotiate after a property survey

The process of buying and selling property can be fraught with stress and frustration.  As a seller, there is nothing worse than receiving a survey report for your property that is essentially a long list of expensive repairs. It can add additional stress to the process as you are likely to be worried that your buyer may pull out, but their first approach is likely to be an attempt to re-negotiate the price.

In some instances, where the report only shows minor repairs, you may be able to persuade the buyer to stick to the previously agreed price. However, survey reports don’t always make this easy to achieve.

Wednesday, 6 January 2016

An overview of winding-up orders

If you find yourself in a situation where a company owes you money and is refusing or unable to pay then, with the help of a solicitor, you may be able to petition the court for a ‘wind-up’ order.

In England and Wales  a wind-up order can be served to a company if their total debts to you equate to more than £750. With legal counsel you also need to be able to prove that the company is unable to pay the debts and serve specific forms to the court.

Evidence of the company being unable to pay their debts could be a certificate of personal service or substituted service which includes details of the services you provided to the company and details of your requests for payment.  It could also be a statement from a bailiff’s company to inform you that they cannot recover assets of enough value to cover the debt in question. This helps to demonstrate to the court that your previous attempts at recovering the debt have been unsuccessful.