LPA or fixed charge receivership

McTear Williams & Wood can act as an LPA Receiver under the fairly limited powers granted under the Law of Property Act.

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What is a fixed charge receiver?

As a Fixed Charge Receiver we generally have broader powers for instance we could employ agents, instruct solicitors and even build out a part finished site.

Agents do claim to cover this aspect of insolvency but they lack the broader expertise often required in more complex cases.

While agents tend to use their own agency business to sell, it is sometimes better to sell at auction and we can provide unbiased advice on the best course and pick the best team of agent/quantity surveyor/lawyer to achieve that.

We work with leading property agents and can match the best agent with a particular property.

Such a specialist area of insolvency is best left to the experts so contact us to tap into our expertise.

Call us for advice or more information.

Andrew McTear

Director

Andrew has over 35 years of experience in insolvency.  He qualified as a Chartered Accountant in 1984 and Licensed Insolvency Practitioner in 1988 and co-founded McTear Williams & Wood with Chris Williams and David Wood in 2000 as a regional business rescue and insolvency firm.

Andrew advises directors, shareholders and individuals on all aspects of business rescue and insovlency.  He acts as an insolvency practitioner in all forms of corporate insolvency including administrations, pre-packs, liquidations and company voluntary arrangements as well as individual voluntary arrangements and bankruptcies for individuals.

Andrew has wide experience advising SME businesses and leads complex investigation and forensic recovery engagements.

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