Receivership - Buy to Let

In response to several requests from existing lender clients, and the significant rise in the number of defaulting Buy to Let borrowers, we have developed a bespoke Buy to Let Recovery Service.

Working with highly experienced Chartered Surveyors specialising in insolvency and with extensive knowledge of Buy to Let recoveries, we combine our Asset Management expertise to deliver a comprehensive fixed charge Recovery Service.

We have formed an alliance with one of the leading providers of Buy to Let receivership services operating on a UK wide basis offering an established and streamlined recovery function at very competitive rates.

Our aim is to provide lenders with an effective and efficient integrated Recovery Service reflecting the very highest professional standards in this specialist area of work.

Buy to Let is an extremely popular method of property investment, but the process needs to be managed correctly for the value of a particular property to be truly secure and for it to deliver a healthy return. Sometimes the appropriate management structures are not in place, or your borrower has underestimated the on-going costs associated with maintaining the property and servicing the related debt.

Traditional arrears management procedures are not appropriate to tenanted property and many mortgage lenders are choosing to outsource the resolution of these sort of arrears through the appointment of a Fixed Charge Receivers. Our partners will act as fixed charge receivers under the Law of Property Act 1925.