Instruct us for Retention Collections

Glenwood are highly skilled and experienced when collecting retention payments. Over the years we have successfully collected millions of pounds worth of retention across various scenarios.

Our Account Directors are familiar with Construction Act legislation for retention under the old scheme pre 1st October 2011 where claims are dependent on issue of the Making Good Defects Certificate and post 1st October 2011 for the new scheme. In the new retention scheme release has be de-linked from the main contract and a specific retention release date must be stipulated.

Why Glenwood?

We help sub-contractors improve their cash-flow by offering the following services.

White-Label Collection Option

Our team can act on behalf of your brand and business to collect retentions. We use our professional letters, emails and calls to collect.

This is best for clients who are struggling to collect due to time or other constraints

Debt Collection Option

For when you are struggling to collect retentions our team can collect as Glenwood Debt Collection.

This is best for clients who are struggling to get main-contractors to pay their retentions that are due.

Why Sub-Contractors despise Retentions

Decimates Cashflow

Often 2.5% of the turnover of a project is held by the main contractor for a year or more post completion of the project. In a recent Construction News survey, subcontractors confirmed that one third of retention’s held were overdue for release.

Increases Risk of Lost Monies

Retention increases the likelihood of monies being lost as a result of main contractor insolvency. This, along with the burden of managing retentions and requesting payments has led to numerous sub-contractors losing out.

Administrative Nightmare

Problems include keeping records on outstanding retention, chasing release of retention at the end of the defects liability period (also known as the rectification period) and trying to find out who is responsible / has the authority to release retention a year or more after a project is completed

How we help our Clients manage Retentions and improve Cash Flow

Sector & Process Experience

With our extensive sector experience, we deeply understand the intricacies of construction retentions. Our process, developed over numerous engagements, is designed to efficiently and effectively recover your rightful funds.

Dedicated & Professional Team

At the heart of our construction retention collection service is a team that stands unmatched in dedication and professionalism. Every member is committed to upholding the highest standards, bringing both expertise and understanding to each engagement.

No Administration & Low Fees

We believe in transparency and value for our clients. Our approach is refreshingly straightforward: zero administration burdens and competitively low fees. By stripping away unnecessary overheads and complexities, we ensure you receive efficient, cost-effective services without compromising on quality.