We have a well-defined and robust approach to recovering value in non-performing loans secured by real estate assets.
When loan circumstances change and the borrower’s original intentions can’t be fulfilled, we help both lenders and borrowers find a solution where the loan is linked to, and secured by, real estate investments.
Our aim is always to maximise the value that can be recovered from the secured asset, as this will be in the interests of both the lender and the borrower.
Specialist services
- Routine market updates focussing on specific sectors to help lenders stay aware of market trends.
- A review of an individual loan or classes of loans to ascertain the current value of the asset, anticipate future performance and define the steps that can be taken to best protect value.
- Where a borrower proposes to carry out works to the subject property, or to make other changes, we can advise on the anticipated impact on value or trading performance.
- Where works or changes are to be undertaken, we can provide oversight for the lender, particularly if the lender is providing additional funding to support such works.
- Where a loan isn’t performing for the lender and decisive action is being considered, we can advise on enforcement options. We can advise on the best course, whether that’s a consensual approach, appointing a fixed charge (LPA) receiver, or placing the company into administration.
- Our qualified fixed charge (LPA) receivers can take control of the asset(s) and work with the lender to recover the loan, either through delivering a quick sale or holding the property to stabilise it and undertake such asset management initiatives as are appropriate and agreed.
- We also work with Insolvency Practitioners, appointed as Administrators or Liquidators, to maximise the recovery from a corporate insolvency.
