Seasons Greetings from Court Enforcement Services
2021 has been a year of constant change and challenges for everyone but for Court Enforcement Services, it’s been positive too.
Despite the difficulties created by the pandemic, we have had notable achievements this year.
We’ve grown
The latest industry data shows we achieved a market share gain for the sixth year running, making us the fastest growing company in the High Court enforcement sector.
As expected, there was a 30% drop in the number of writs issued in 2020 but despite this, we were very proud to increase our market share to 26%, making us officially the largest High Court enforcement company by volume.
To have achieved such a large market share in just six years is a huge achievement and would not have been possible without the commitment and hard work from our team and the support and trust of our clients.
We have also moved into a new and larger head office in Essex which creates room for our continued growth and brings all our office-based staff under one roof, the teams having previously occupied two separate buildings.
I have no doubt being under one roof will be beneficial for staff collaboration, engagement, and communication.
People news
Director, and co-founder Wayne Whitford was included in the Credit 500 index for the fifth consecutive year. This lists the most influential people in consumer and commercial credit during 2021.
Also, three members of our management team were shortlisted for Women in Credit Awards this year. All three have made a significant contribution towards our growth and have played key roles in our journey to become the market leading High Court enforcement company.
With the dedication and commitment our team have demonstrated over the last year and by continuing to deliver market leading results for our clients, our expectation is that the next 12 months will be another period of significant growth for Court Enforcement Services.
Stakeholder relations
We have extended our reach significantly in 2021 becoming a Corporate Partner to the Chartered Institute of Credit Management (CICM) and joining the Civil Enforcement Association (CIVEA), the principal trade association for civil enforcement agencies.
We support the High Court Enforcement Officers Association (HCEOA) and have implemented their updated best practice guidelines and continue to support their various high-profile campaigns.
Court update
We have faced a period of 18 months of constant change and various pieces of temporary legislation being brought in at short notice to accommodate the dynamic changes caused by the pandemic. Finally, the enforcement industry is now in a position where we can enforce fully as we did pre pandemic – well, almost!
For Writs of Control, we are now enforcing at a level that exceeds our pre-pandemic performance levels. We continue to champion and strive for high levels of early engagement, currently achieving 39% early engagement during the compliance period.
Trespass and possession enforcement is back to normal; in the last few months we have serviced more residential repossessions than ever before in a similar time window and the signs are that this is set to further improve.
We are seeing cases expedited for High Court Enforcement much faster and the whole process seems to be moving along again after the stagnant period in which the Court delays due to Covid really did slow everything down.
Commercial properties and associated rent arrears continue to remain protected, to a degree, until March 2022.
While rent arrears can now be enforced for amounts due that exceed the equivalent of 554 days’ worth of rent, and, forfeiture of lease can be carried out for any reason with the exception of rent arrears, the real acid test for commercial property enforcement will be in March 2022 once the restrictions fall away.
Season’s greetings
It looks like 2022 will be a very exciting year for us and I would welcome you to share in our success by switching to Court Enforcement Services or by trialling our services to discover the difference we can make by improving the results achieved and enhancing your experience as a client.
On behalf of everyone at Court Enforcement Services, I wish you and yours a very Merry Christmas and a happy, healthy and prosperous New Year!
Call: 01993 220557
Email: bd@courtenforcementservices.co.uk
ww.courtenforcementservices.co.uk/landlord-zone-residential-evictions/
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