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Archive for 15/08/2008

Price too high, Late pay ..won’t pay

I’m saddened to hear a colleague of mine who provided a very good discounted rate to one landlord - has been waiting 70 days for his money.

It seems to me that he has a couple of options;

  1. to name and shame the landlord
  2. to go to the small claims court to recover the debt and interest - the landlord has broken a contract and is in breach of contract. Of course if it gets to court then the local press will also name and shame this person
  3. in future trade on different terms

I’m considering asking for cash payments if providing any form of discount and I’m also considering only handing over the certificate details once I have cleared funds.

 Any views from others in the industry?

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