What is fixed charge receivership

Often known in England and Wales as LPA Receivership, is a cost effective means for securing recovery in certain distressed situations. It allows the lender, depending upon the nature of the charge or status of the borrower, to secure speedy control of the asset.

It is a simpler and usually more cost effective process than other form of receivership.

This site has information on receivership for lenders, borrowers and professionals and includes details on how to find a qualified property receiver.
 

Nara

• Provides education and training to maintain the highest standards in the profession
• Fosters relationships between Property & Fixed Charge Receivers and the lenders who appoint them
• Puts one voice for the profession to government ministers and departments
• Liaises with other professional and trade associations who are the providers of Practicing Licences