This guidance is for: lenders

This guidance note outlines the basic circumstances and considerations for a lender in appointing a Law of Property Act (LPA) or fixed charge receiver. 

All guidance provided in this document is based on a broad consensus of lenders? collective views and approaches to receivership. 

It should be taken as a voluntary statement with no regulatory status. Some of the examples of good practice given may not be appropriate in every circumstance. 

Last updated: 14 March 2018