Confidential Advice Line: 0800 063 9221

LPA Receiverships

The Law of Property Act or Fixed Charge Receivership, most commonly known as an LPA Receivership, is a tool available to a lender to help them recover their debt on a defaulted property loan. Once implemented, the creditor assumes ownership of the debtor’s property and appoints an LPA Receiver to take charge of the property. The debt owed is recovered typically by either selling the property or collecting rental income from it.

Undertaken by our Valuation Services team, we act as Fixed Charge Property Receivers for banks, building societies, financial institutions and other lenders. One of the largest receivership teams in the country; we have longstanding experience of business support and recovery situations having being appointed Fixed Charge Receiver’s since 1970. In fact, since the latest recession, we have been appointed in over 10,000 LPA Receivership cases.

We have created a ‘National Centre of Excellence’ in the provision of Banking and Corporate Insolvency Advice to the UK Banking Recoveries Sector. Its fundamental role is to act as Law of Property Act (Fixed Charge) Receivers and to provide support to insolvency practitioners.

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0800 464 0871

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0161 837 1700

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Advice you can trust

We are accredited by the following industry leading organisations

Insolvency Practitioners Association Institute of Chartered Accountants in England and Wales R3: Association of Business Recovery Professionals ICAEW Business Advice Service Turnaround Management Association ACCA (the Association of Chartered Certified Accountants) ICAS | The Institute of Chartered Accountants of Scotland

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