A warrant of execution is a method of enforcement which authorises the certificated bailiff to sell sufficient goods of tenants to pay for the debt that he is instructed to enforce, together with his fees for doing so. More often than not this refers to outstanding rent on a flat of house. If your tenants offer to repay the debt, for example by installments they can stop this happening by filling in form N245 at the local County Court. The warrant will be suspended as long as they keep up to date with the agreed payments.
For more information see
http://www.direct.gov.uk/en/MoneyTaxAndBenefits/ManagingDebt/DebtsAndArrears/DG_10034289
This can be a long drawn-out process but some courts offer an accelerated version.
If you are need to employ the services of a bailiff, or are looking to protect the assets you have, it is recommended that you seek legal advice.
If you need any advice or information concerning a warrant of execution, our partners at Landlord Assist will contact you to see how they can help. Your initial consultation is free. Just fill in the form below
