If it comes down to our Enforcement Agents (EAs) having to removed seized goods, wherever possible, we endeavour to use BCVA Commercial Auctions and have an extremely good working relationship with its Associate Director Sam Ewing.
We know that BCVA has over 30 years’ experience in providing professional valuations and negotiating the sale of assets in the South West, and both Sam and his team are extremely professional and work with us to make each removal of goods as quick and efficient as possible.
Of course, it goes without saying that they always strive to achieve the best price for goods that have been seized and removed to sale at auction, and as we use them regularly, we have negotiated a great Auctioneer commission rate with them, meaning that should the goods be sold, our Client sees as much of the proceeds from this sale as possible.
If it becomes necessary to remove goods in relation to Commercial Rent Arrears Recovery (CRAR), then we would arrange with the Auctioneer to meet us at the property with Porters, who would then work with us to enable the EA to list all of the goods, and the Porters to painstakingly remove all goods seized and transport them to the Auction, where they would be valued. As per the Regulations, the valuation must then be sent to the Debtor to notify them of the estimated value the seized goods may fetch, should they be sold at Auction.
The TCOG 2013 Regulations state that all goods removed for sale at auction must then have a ‘NOTICE OF SALE’ sent to the Debtor, notifying them of the date, time and place of the sale, and notifying them of the timescale they have, to pay the debt IN FULL, (plus costs) before it becomes necessary to sell the seized goods at Auction.
Should the goods go on to be sold, BCVA ensures that they remit as quickly as possible, enabling us to get our Clients money to them as soon as we can.
Learn more about BCVA: https://www.thebcva.co.uk/