The recent ‘credit crunch’ has caused a substantial impact on the commercial and private property markets. The restricted access to available funding facilities and devaluation of commercial and private property has caused substantial difficulty among owners, developers, lenders, occupiers and potential purchasers.
There has been a marked rise in the number of appointments of LPA and Fixed charge receivers and other formal insolvency appointments in relation to businesses in the sector. Construction contractors face an uncertain future and the incidence of tenant default has seen a marked increase.
Our specialist team combines experts in property finance, construction and property development, pension property investment and property disputes with substantial experience in insolvency, turnaround and restructuring.
We act for landowners, developers, lenders, contractors, purchasers, landlords and tenants.
| Information sheets: | Latest news from the Property and Insolvency Team |

