Why appoint a nara member
- Direct lender access to proven real property and insolvency skills
- Minimise duplication of fees
- Maximise exit value
- Mimimise servicing costs
- Monitored and regulated
- TCF aware
- Speed and efficiency of Fixed Charge Receivership process
- Technically qualified and up to date
- Dynamic market knowledge
- Bound by publicised Code of Practice
- Acknowledged specialists
Nara members are also able to assess a property at the time of the lender’s valuation, prior to the loan being made, to identify issues and opportunities which may arise in the future and forecast what they would have to do if called on to sell the property either as an LPA receiver or acting for the Administrator.