Ensuring equitable outcomes in the restructuring process
We have 19 RICS registered LPA Receivers, otherwise known as Fixed Charge Receivers. This makes us the largest and most experienced team in the UK representing all major banks, building societies and alternative lenders.
Local market knowledge is fundamental to assessing property security. We have Receivership teams in London, Birmingham, Manchester, Leeds and Bristol covering the whole of the UK. We are supported by experts from the wider business including residential development, project monitoring, hotels & leisure, retail and healthcare.
We look at each property in detail, but are always sensitive to time considerations. Our aim is simple: to maximise returns on the property within a reasonable timeframe.
Fixed charge (LPA) receivership
Our history as qualified fixed charge (LPA) receivers is lengthy, spanning three decades - it’s made us the most experienced team in the country representing all major banks, building societies and alternative lenders.
Local market knowledge is fundamental to assessing property security. Our 19 RICS registered property receivers are supported by a nationwide team, which means you’re assured of that vital regional insight.
Rigour and speed define our service. We look at each property in detail, but are always sensitive to time considerations. Our aim is simple: to maximise returns on the property within a reasonable timeframe.
Insolvency practitioner advisory
Assessing the potential of real estate assets during insolvency requires specialist advice.
We’ve earned the respect and trust of our clients precisely because we have the expertise and knowledge to identify opportunities in a distressed asset. And because we can come up with viable ways to exploit those opportunities.
The range of assets we handle covers every type of business activity, in assignments that vary in scale from single properties to national retailers. Our experts provide pragmatic, coherent exit strategies that dovetail with your objectives.
A thorough appraisal of a property forms the basis of our strategic valuation and option reports. They’re designed to give you a clear indication of how much the property is worth, and present you with ways to optimise value.
As our client, you don’t only have access to our expertise. You’re plugged into a much broader spread of services, covering every aspect of commercial and residential property. The advice you receive is backed up by the collective experience of hundreds of experts, across dozens of sectors.
Restructuring is usually an involved process. Our restructuring team helps to guide borrowers, lenders and other stakeholders from the outset, aiming to maximise their returns from non-core and distressed property assets.
We’re creative, looking at a property asset from multiple perspectives to find the best way of optimising its value. And we look at the possibility of implementing asset management strategies – particularly important in cases of negative equity.
Our restructuring specialists are acutely aware that the clock is always ticking. We’re highly responsive, and with offices and experts across the UK, can swiftly reach any site in the country – whether for an individual property, or a dispersed portfolio.
We work with a spread of clients that includes banks, building societies, challenger banks and alternative lenders, and borrowers of various kinds including owner occupiers and investors. Whatever angle you’re approaching restructuring from, we can help.
Private equity advisory
Ensuring that your business objectives are properly aligned with your commercial property holdings is important.
Our private equity consultants help clients to achieve synergy between the two, by dealing with all property-related matters of a business throughout its lifecycle.
We provide clearly structured advice on avoiding financial and operational risks, and on expanding or reorienting a business through acquiring or selling property. Our specialists also carry out detailed property intelligence advisory work on existing real estate holdings – with the aim of generating additional value from those assets.
We provide an array of expert services for property portfolios and individual assets:
- Property acquisitions (expansion – or relocation - of property holdings to drive growth)
- Property disposals (consolidation of existing corporate portfolios)
- Capital generation (sale and leasebacks or individual asset sales)
- Cost savings (business rate and service charge reviews)
- Leasehold properties (advising on new leases, lease renewals and rent reviews)
- Formal Valuation Reports (for company accounts and loan security reports)
- Building Consultancy (building and structural surveys, overseeing refurbishment and fit outs)
- Due diligence (property related advice during corporate acquisitions, identifying risks and opportunities)
Loan sale due diligence
Carrying out effective and thorough due diligence is essential in sales of loans underwritten by commercial and residential property.
In the past three years we’ve worked on projects involving over 5,000 properties, with a collective value of over £5bn. Our reputation for accuracy, the clarity of our advice and excellent market knowledge has made us the UK’s leading provider of property due diligence services to the loan portfolio transactional market.
Operating out of twelve regional offices means that we have excellent coverage of local markets. That’s bolstered by our sector expertise, covering every major (and most niche) category of real estate – which means our clients can be confident that they’re getting valuations that are backed up by technical skill, and an in-depth understanding of their sector.