An independent property consultancy with a renowned industry reputation for specialist property and asset advisory and recovery services to both lenders and Insolvency Practitioners.
In what continue to be very challenging times for lenders and their customers alike, it is crucial that experienced professionals are used to not only achieve the best financial outcome but also to manage the reputational risks that come with enforcement action.
Sanderson Weatherall has one of the largest teams of active Fixed Charge Receivers in the UK, offering local expertise and a hands-on approach across its national office network.
The team of 10 qualified Receivers has a wealth of experience in dealing with all asset classes from commercial investments through to buy to let residential portfolios, residential development and agriculture.
The team works closely with internal and external consultants, bringing in expertise in planning, building consultancy, management and agency as appropriate. Our Receivers are members of The Association of Property and Fixed Charge Receivers (NARA) Scheme and registered with the RICS and between them have over 250 years of combined insolvency / receivership experience counting three current or former NARA chairman amongst its group.
View Our Guide to Fixed Charge Receiverships
Click hereOriginally a creation of the Law of Property Act 1925 (s101), the powers afforded to a Law of Property Act (“LPA”) Receiver are limited by modern standards and an appointment is usually made under the lender’s fixed charge (mortgage) as well as under the powers afforded by 1925 Act.
The appointment will normally relate to real property but can also relate to items of plant and equipment.
In addition to a formal process there are other exit routes available to secured lenders where we can advise and assist:
The Fixed Charge Receivership process is not complicated and creates distance between the mortgagee and the mortgagor. A Receiver acts as agent for the mortgagor (borrower) and whilst the principal obligations are to the mortgagee (lender), the Receiver has a duty of care to the borrower for proper conduct and to obtain best price at the point of sale.
We are fully aware of the FCA requirement surrounding the fair treatment of customers (TCF) and work with our secured lender clients in adhering to this requirement in each property recovery assignment.
In what are likely to be very challenging times for lenders and their customers alike, it is crucial that experienced professionals are used to not only achieve the best financial outcome but also to manage the reputational risks that come with enforcement action.
Sanderson Weatherall has one of the largest teams of active Fixed Charge Receivers in the UK, offering local expertise and a hands-on approach across its national office network.
The team of 10 qualified RICS Registered Property Receivers, operating from London, Birmingham, Manchester, Leeds and Southampton, has a wealth of experience in dealing with all asset classes from commercial investments through to buy to let residential portfolios, residential development and agriculture.
The team works closely with internal and external consultants, bringing in expertise in planning, building consultancy, management and agency as appropriate. Our Receivers are members of The Association of Property and Fixed Charge Receivers (NARA) Scheme and registered with the RICS and between them have over 200 years of combined insolvency / receivership experience counting two ex NARA chairman amongst its group.
We frequently accept Fixed Charge / Law of Property Act Receiverships for the following:
Our experience in this area of recovery work is extensive and on a nationwide level. We have taken in excess of 200 Receivership appointments in the past three years covering a number of varying property sectors.
Sanderson Weatherall LLP is one of the UK’s largest independent property consultancies with a renowned industry reputation in the real estate insolvency market.
Often working alongside our Machinery and Business Assets division, we are able offer an all-encompassing national service, drawing on a wide range of in-house expertise across our network of 11 offices.
We have a thorough understanding of the often demanding and time sensitive requirements of Insolvency Practitioners and associated stakeholders across the range of restructuring and insolvency appointment processes.
Our advice will often involve an initial appraisal of the property, be that prior to a business restructuring or post formal insolvency proceedings, following through to specialist valuation, asset management and disposal advice.
The team boasts a number of RICS Registered Valuers, who able to provide initial options or RICS compliant valuation advice
Read further information on our IP services or get in touch with the team.
Sanderson Weatherall LLP is one of the UK’s largest independent property consultancies with a renowned industry reputation in the real estate insolvency market.
Often working alongside our Machinery and Business Assets division, we are able offer an all-encompassing national service, drawing on a wide range of in-house expertise across our network of offices.
We have a thorough understanding of the often demanding and time sensitive requirements of Insolvency Practitioners and associated stakeholders across the range of restructuring and insolvency appointment processes.
Our advice will often involve an initial appraisal of the property, be that prior to a business restructuring or post formal insolvency proceedings, following through to specialist valuation, asset management and disposal advice.
The team boasts a number of RICS Registered Valuers, who able to provide initial options or RICS compliant valuation advice.
We pride ourselves on the range of in-house disciplines which enhance our client offering – these include:
As leaders in the industry, we offer a comprehensive range of services for machinery and business assets and inventory appraisals, valuations, disposals and other asset management services.
A key division within one of the UK’s largest independent property consultancies with a renowned industry reputation in the real estate insolvency market.
Often working alongside our dedicated insolvency property division (link to Prop page), we are able offer an all-encompassing national service and able to draw on a wide range of in-house expertise across our network of offices.
We have a thorough understanding of the often demanding and time sensitive requirements of Insolvency Practitioners and associated stakeholders across the range of restructuring and insolvency appointment processes.
Our advice will often involve an initial appraisal of the assets be this pre (business restructuring) or post formal insolvency proceedings, and follows through to specialist advice regarding value and, where necessary, asset management services and relevant disposal strategy to ensure best price is achieved. Machinery & Business Assets including plant, machinery, motor vehicles, business equipment, intangibles and inventory/ stock
Our market-leading specialist agents deliver the sales of all types of plant, machinery and business assets and inventory via auction or private treaty utilising both traditional and online platforms as well as managing trade and retail sales. We are also compliance procedure experienced to assist with accelerated business sales marketing opportunities.
We pride ourselves not only our highly experienced and responsive offering but also on the range of in-house disciplines which enhance our client offering – these include:
Have a question or need some advice? We’re all ears.
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