Fixed charge & LPA receiverships
When a borrower defaults on a loan secured against property, you may need to enforce your security via a Fixed Charge Receivership or a Law of Property Act (LPA) Receivership. This allows you to take control of the secured property without placing the entire business into a formal insolvency process.
Our property & asset recovery expertise: Our experienced team acts swiftly to protect and maximise the value of the assets under your security. Our process includes:
- Appraisal & strategy: Appraising sites and properties to determine the best strategy for realising their value.
- Taking control: Obtaining control over the property assets and managing them pending a sale.
- Value enhancement: Seeking practical ways to enhance the asset's value before marketing it for sale.
- Sale management: Managing the entire sale process to deliver a successful completion and return of funds.
- Wider asset recovery: Identifying any non-property assets that may also be capable of being realised for your benefit.
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