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.
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.
