Unfortunately, if for some reason we cannot charge you at the scheduled time, we’ll be forced to take out at an administrative fee to cover our costs of dealing with this.
2. If it’s a simple matter of a failed transaction, we’ll charge you an administration fee of £25.
3. In respect of all sums that are overdue to us we charge interest on a daily basis (4% per annum above the prevailing base rate for the time being of the bank of England). If you fail to pay, we’ll give you a 30-day written notice to settle all outstanding sums due. After this, if we are still unsuccessful in taking payment, we’ll unfortunately be forced to dispose of some or all of your items by whatever means available to us.
4. We will however credit any excess as a result of this disposal to your account less an administration fee of £25 and any other reasonable costs incurred in connection with the disposal.
5. If this still doesn’t cover what you owe we will serve you with a written notice to pay all outstanding monies due within 7 days and interest will continue to accrue until the balance is paid in full.
6. If you fail to pay your outstanding amount within two months of the amount being charged, your items will be removed from storage and recycled.