We act as Asset Manager's on behalf of a number of Law of Property Act Receivers and their mortgagee client's.
We have an highly experienced team headed up by Rex Kirk, formerly of Mortgage Express & UK Asset Resolution (UKAR) and David Laycock, formerly of Barclays PLC.
We provide a comprehensive service and have a track record of achieving successful outcomes for a number of UK Lenders. We pride ourselves on our creativity, believing that the obvious solution is not always the best one, and that seeking to understand the long-term position of both Owner and Lender should be the first step.
Many LPA Receivers do not have any experience of rental property management or have the infrastructure to manage anywhere other than their local area. To get around this they may sub-contract to numerous letting agents. This can impact on the quality of service provided. Unfamiliarity with property management may result in the risk of premature disposal of properties, which may not be in the best interests of the owner or lender.
We're unique in that we can act as UK wide Asset Management company and can directly manage any property, anywhere in the UK. We do this through our network of Regional Operations Centres, supported by our own local Rental Property Managers.
Our bespoke online property management system can give LPA Receivers and Lenders up to date information and KPI data to enable them to review performance and strategy.
We can work with you to maximise the rental returns for the benefit of both the Owner and the Lender, whatever the strategy for a particular property. Our core expertise is as an efficient, detailed and hands-on property management company, and in particular in rent collection, arrears management and where appropriate, disposal.
For further details of our Asset Management services on behalf of Law of Property Act receiver services, contact us now.