Experience and insight across the business cycle
The Avison Young Receivership & Restructuring team has been working with banks, building societies and insolvency practitioners for over 26 years. It is led by a team of chartered surveyors, registered property receivers and registered valuers and is supported by surveyors and brokers, working in asset management, capital markets, leasing, project management, building consultancy and town planning.
We can offer the creativity and problem solving ability that can only come from long experience, working in both boom markets and recessions.
The services we provide are:
- Receivership – our reputation has been built on adding value to complex situations covering a wide of range of commercial and residential property throughout the UK including part completed developments that have planning, building control and access issues.
- Valuation for loan review and recovery – our experienced registered valuers also act as LPA receivers – a capacity in which there are few property problems that they have not met. This gives them an unrivaled and valuable insight into issues that may occur in the future, and a forensic approach to valuation and due diligence.
- Development due diligence/monitoring – our cost consultancy team are specialists in monitoring development schemes on behalf of key UK banks and funders. They report on key risks surrounding the development finance from the outset and subsequently at key milestones, normally at each drawdown.
Major lenders that we have advised include Barclays Bank, Lloyds Bank, RBS, Scottish Widows, Clydesdale Bank and Anglo Irish Bank (in special liquidation).