Repossessions of Charged securities in kenya

Repossessions

We recover possession of property acquired through hire purchase on behalf of the owners upon being instructed so to do.

Repossession is taking back an object that was either used as collateral or rented or leased in a transaction. Repossession is an action in which the party having right of ownership of the property in question takes the property back from the party having right of possession without invoking court proceedings.

Our services have been of great value to:-

  • Motor Vehicle and other heavy Machinery dealers
  • Credit Companies
  • Hire Purchase Companies
  • Chattel Mortgage Companies
  • Tenant Purchase Scheme Organizations
  • Furniture dealers
  • Banks and Financial Institutions

In repossessions, you can instruct us either directly or through your lawyers/advocates.

Our Team of Reposessors:

We boast a team of experienced staff who will collaborate with your Debt Recovery department to ensure that accounts placed with us are dealt with within the shortest practicable time and to a logical conclusion.

In the matters of repossessions, we are Licensed to operate throughout the Republic of Kenya.

For all your repossession services in Kenya, Contact us.

Property Realizations in kenya

Realization of Charged Securities / Property – Property Auctions

Charged securities/property are items pledged as security to banks and other financial institutions to act as guarantee that monies advanced to the owners thereof shall be repaid promptly in accordance with the terms of the agreements. The property pledged as security may be movable assets, land and buildings, stock in trade or any other security acceptable to the lender.

Lolwe Auctioneers have been in the business of realizing pledged securities since its inception in 1997.

Experience and Knowhow:

When it comes to the realization of immovable property, you can count on our rich experience in this field having been in the panel of Barclays Bank of Kenya Limited, one of the leading financial institutions in Kenya. We have realized immovable properties from every corner of the country. This has made us establish a client base for immovable properties all over the country.

Realization of Property through Private Treaty:

Lolwe Auctioneers have since been offered property to sell by private treaty. these has been; vehicles, land and buildings. We use our experience and knowhow to market the same amongst our clients within our data base. We also market the same within our website, blogs and social networks. Our most clients are within the diaspora and major cities in kenya.

Marketing of Charged Securities:

Our advancement in ICT ensures that we remain at the top of the competition in the Industry. We are able to market the properties internationally through internet on our website. We are in constant touch with the Diaspora Community and international investors who frequently email us enquiring on the properties on sale through public auction.

By placing an assignment with us, you are always assured of speedy desired results. By adopting the latest communication technology, we have added value to our services in that communication between our clients and us is almost instant. We have over the years realized charged securities in form of land and buildings, Office furniture and equipments, Motor Vehicles, Households assets amongst other securities.

For all your charged security sale by Public Auctions, we request all Banks and Financial Instituitions to contact us.

Kenya Auctioneers' Real Estate Services in Kenya

Kenya Auctioneers' Real Estate Services in Kenya

 Lolwe Auctioneers undertake Real Estate Services for both in the Diaspora and also for the Individuals,  Landlords and Real Estate Agents as follows:

1. Disposal of  Land and Building through Auction ( International Online Bidding) and by Selling the same by private treaty.
2. Recovery of Defaulted Rent by Levying Distress for Rent as per The Auctioneers Act. & Rules, Laws of Kenya.
3. Collection of Rent from Tenants and Banking the same on behalf of the Landlords both in the Diaspora and within the country - Kenya on Commission Basis.

Many Kenyans within the country and those in the Diaspora occasionally require the services of Real Estate practitioner to ensure that rent is paid promptly and payments for utilities including water, electricity, security is made when due. When requiring these services, they need reliable persons or firms to undertake the same on their behalf. Lolwe Auctioneers come handy for these services.

Our Clients:

 Most of our clients are letting a property or properties for convenience, income or both. They look for proper financial reward without the worry of close involvement. At the same time they want to be assured that they have not lost control of their property. Our clients include individual persons who own houses for rental and live within Kenya, but do not have time to visit the houses for collection of rent, check meter readings for water and electricity and finally check the condition of the house generally and the compound, or land lords who are living outside Kenya in the diaspora and are not able to offer Real Estate services to their tenants.

 Rent Recovery:

Lolwe Auctioneers are licensed to Distress for Rent, basically it means that we are licensed to recover unpaid due rent on behalf of Landlords and Estate Managing Agents in Kenya. Drawing on our extensive local knowledge, we aim to provide a comprehensive level of customer care to both landlords and tenants.We are a specialist residential and commercial rent collection agency covering Nairobi,Thika, Kajiado, Machakos, Mombasa,Kisumu and other major towns in Kenya.

Our Services in Real Estate include:

Collection of rent and banking the same into our client's account. Levy distress ( Recovery of Rent) when rent is in arrears. Read the Utility Meters including Water and Electricity. Check general condition of the house and the compound tidiness of the houses. Periodical visit to the tenant for any needs or complaints on behalf of the landlord. Give a monthly or periodical report on the above to the client.

For all your Real Estate Services including collection of rent, enforcement of Distress for Rent recovery, Contact us.

Rent Collection and Rent Recovery Services in Kenya

Rent Collection and Rent Recovery Services in Kenya

 Frequently, landlords and mostly those in the Diaspora do contact us for their Rent collection and Rent recovery when the same become due. As much as we are Licensed Auctioneers, we are licensed to Distress for rent once rent become overdue. We offer this service mostly to landlords within and without Kenya in the Diaspora.


Rent Collection Services in Kenya:
Lolwe Auctioneers are the most aggressive landlord rent collection agency in the Kenya. We have a highly trained and experienced team of skip tracers, attorneys, private investigators and professional collection agents specializing in delinquent rent collection for over 20 years.
We have been engaged by various land lords who are within Kenya and those in the Diaspora to collect monthly rent from various Tenants in Nairobi and other towns within Kenya.

Lolwe Auctioneers rent collection services include:
- Monthly Tenant Rent collection
- Landlord debt/rent collection agency services

Why us:
We area a licensed Auctioneers, licensed to levy distress for rent once the tenant default on payment of rent on due date, you do not need to look for an Auctioneer for distress for rent services since both Rent Collection and levying Distress for Rent on delinquent tenants are done in house by ourselves.

Fees for Rent Collection:

We charge a flat fee for monthly rent collection.
Lolwe Auctioneers' unique flat fee option allows you to register yourself as a landlord and then turn your tenants over for collections. For those Landlords in the diaspora,the entire process can be handled by you online.

Rent Recovery services in Kenya:

Lolwe auctioneers offer various rent recovery methods to help property owners, landlords and apartment managers to deal with what may be the most important aspect of property management -Distress for Rent. Lolwe Auctioneers will help you collect rent payments from delinquent tenants. Delinquent rent collection is an age old problem. We take delinquent rent and we know how to collect it. We are a rent recovery collection agency that specialize in delinquent rent Collection we have the know how to handle this very difficult problem.

Lolwe auctioneers will help you collect late rent or rent arrears from due tenants. We are the perfect rent collection agency solution for landlords, property managers, rental property owners.  If you are owed rent and need to collect it now, we can help you recover the same.

We are a Licensed Auctioneer firm in Nairobi, Kenya, licensed to levy Distress for rent as per the Distress for Rent Act.Chapter 293 Revised Edition 2010 (1982), Laws of Kenya. When your rent receivable is in areas for one month, you qualify to instruct us to recover the same on your behalf.

Articles exempted from distress - These are items / household goods not attacheable by an Auctioneers as per the laws of Kenya:
(1) The following goods and chattels shall be exempt from distress for rent—

(a) The property of the Government;
(b) goods and chattels in the possession of the law;
(c) things delivered to a person exercising a public trade, to be carried,wrought, worked up or managed in the way of his trade;
(d) things in actual use or occupation of the person distrained upon at the time of the distress;
(e) things of a perishable nature, or such as cannot be restored again in the same state and condition that they were before being taken or must necessarily be damaged by removal or severance;
(f) animals ferae naturae;
(g) wearing apparel and bedding of the persons whose goods and chattels are being distrained upon and the tools and implements of his trade to the total value of one hundred shillings;
(h) things exempted from distress under the Electric Power Act (Cap.314); and (i) any metre (together with any fittings thereto) supplied and let on hire by a corporation or company supplying water to the premises on which the distress is levied for the purpose of ascertaining the quantity of water consumed on or supplied to those premises.

(2) A subordinate court, on complaint that goods or chattels exempt under this section from distress for rent have been taken under that distress, may by summary
order direct that the goods and chattels so taken, if not sold, be restored; or, if they have been sold, that such sum as the court may determine to be the value thereof shall be paid to the complainant by the person who levied the distress or directed it to be levied.

Fees for Rent Recovery (Distress):

For Distress for Rent, we charge fess for this service as per the Auctioneers Act and rules, laws of Kenya.

For All your Rent Collection, Rent Recovery services, Contact us.

Background Check and Background Investigation Services in Kenya

Background Check and Background Investigation Services in Kenya

Lolwe Auctioneers firm is an an expert in background check and background investigation Services. We use all the knowledge of private investigations, screening and information technology to undertake these duties for various corporates and individuals whom for ethical confidentiality, we are not able to mention.


A background check or background investigation Services is the process of looking up and compiling background information, criminal records if any, commercial records and financial records of an individual or an organization. In Kenya, most background investigations are based on Pre employment, and employers investigations on their current employees as to behaviorial activities after and before daily duties and also ownership of wealth after and before employment. These are done to unearth any fraudulent activities the employee may be involved in. Most employees lifestyle expenses are beyond their monthly emoluments, and this is what Lolwe Auctioneers are expert in - background check and background investigation Services.

 

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Our Services in background check and background investigation Services :


Pre & Post Employment Background Checks:

When you are hiring employees, you might need more information on a candidate to make an informed decision.The following list includes the types of information that employers often consult as part of a pre - employment check, and the laws governing access and use for making hiring decisions.Employers who conduct background checks want to confirm details about would be employees if they present a risk to them. Being prepared will help them avoid any nasty surprises. After all the work they have done to get this far in interviews and selection, they don’t want to let incorrect or missing information prevent them from getting that great new employee. As such, they usually sort the expertise of investigators and background check experts; Lolwe Auctioneers.

These include;
1.Employment References: When a would be employee apply for a position with a new employer, it’s likely they will be asked to provide references. This means the employer may want to contact some of their previous bosses, co-workers, people they’ve managed (if they’re interviewing for a management role), or personal references. We undertake to cross examine the former employers of would be employees and current employees to unearth any cheats on referees.

2.Character Reference Check: Most employers would like to know the characteristics of their current employees and the would be employees to ascertain their good moral standing.

3.Gaps in employment history: Some employees give false information on their employment history, and do not explain the employment gaps if any, to secure employment which they do not have experience of. We ascertain whether they did work where they say they have worked for the time that they have stated on their resume?

4.Identity and Address Verification; whether the applicant is who he or she claims to be. Generally includes verification of the candidate’s present and previous addresses. This can include to verify the validity of passports, Identification cards,Driving Licenses, marital status and parental information. The employer may also want to conduct a background check. Their primary goal is to confirm details about would be employees past that they have provided to them as per their CV. Basic information such as their education, employment history and even their identity fall into this category.
  
5.Whether an applicant holds a directorship in another Company; most employees run their individual sole proprietorship and corporate companies alongside the employers, a practice which most employees may not disclose to the employers which many a times create a conflict of interest.

6. Credit History (credit score is not included): it is good to ascertain the credit history of your employees at all the time during pre and post employment.

Other Verification Services:

1.Credit Reports: It is common practice in Kenya today, that those seeking employment furnish the would be employers with the CRB Report Certificates.Most of these are sometimes forged and fake. Lolwe Auctioneers verify the authencity of the same.

2.Criminal Records: Every employer has a duty to receive a Police Clearance Certificate from the Criminal Investigation Department in Kenya before hiring an employee. It is important to ascertain to what extent a private employer may consider an applicant's criminal history in making hiring decisions. Because of this variation, you should consult with a us to do further legal research on the authenticity of these documents before exploring whether or not an applicant has a criminal past.

3.Medical Records: Every employer requests a would be employee to undergo a medical test to determine the medical history of an individual at various medical practitioners. these documents are usually subjected to verification by us to ascertain their originality and authenticity.

4.Bankruptcies: It is illegal to employ a Bankrupt in Kenya, as such, every employer is mandated to ascertain that every would be employee and current employees are not declared Bankrupt by law before and after employment.

5.Military Service Disclosure: It is mandatory that ex military servicemen should disclose their past military engagements to new employers, some of these to be employees some time do not disclose these information, necessitating the employers to hire our services to ascertain the same.

6.Academic and Professional Records: Both Academic and Professional Records of pre and post employees are important for the employment and promotion of current employees. Their originality and authenticity is subject to verification of the employer.

Lolwe Auctioneers are experts in the Private investigation of the employees character and verification of the originality and authenticity of academic and professional certification. We undertake Pre employment screening services for various companies that we work for.

For all your Background Check and Employees screening services, contact us : This email address is being protected from spambots. You need JavaScript enabled to view it.

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