Also known as LPA receivership, fixed charge receivership is a quick and efficient way for lenders to take control of single or multiple property assets, helping to maximise the potential value of an exit.
Fixed charge receivership means that lenders can avoid becoming the mortgagee in possession and assuming full financial, civil and criminal liabilities for the asset or portfolio.
Our team provides lenders with proactive and responsive advice focused on maximising the asset recovery value. We have a strong track record of representing lenders on single property, mixed use and portfolio appointments nationwide.
A thorough understanding of new legislation and case law is vital in fixed charge receivership work. We contribute to thinking at the very top of the industry – we’re founder members of the Association of Property and Fixed Charge Receivers (NARA) and Julian Healey, who leads our Fixed Charge Receivership and Restructuring team, is Chairman of NARA.