In Manchester, our experienced and friendly Manchester Valuation Surveyors act as LPA Receivers.
An LPA Receiver (sometimes known as a Fixed Charge Receiver) is a party appointed by a lender who holds a fixed charge over a built asset in Manchester. The LPA Receiver is appointed to manage the fixed change over a building. Commonly, the LPA Receiver is employed at the time of disposing of an asset or collecting the rent. The main intention for appointing an LPA Receiver is to enable a situation where an outstanding debt can be repaid to a lender.
LPA Receivers are specialist consultants and need to have obtained prior experience. A LPA Receiver should be registered under the RICS Property Receivers body and may also be within the Fellows of The Association of Property Fixed Charge Receivers.
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Throughout Manchester, our experienced Manchester Valuation Surveyors carry out a range of professional valuation services including acting as LPA Receiver. Get in touch with our expert team today.
