FIXED CHARGE RECEIVERS - Frazer Kidd

frazerkidd.co.uk

FIXED CHARGE RECEIVERS - Frazer Kidd

FIXED CHARGE RECEIVERS


www.frazerkidd.co.ukIntroductionFrazer Kidd & Partners is one of Northern Ireland’sleading independent property practices and has beenactively involved in all aspects of commercial andresidential property since the Firm’s inception in 1895.Frazer Kidd & Partners is regulated by the RoyalInstitution of Chartered Surveyors (RICS) and is led bythree Partners: Maurice Kidd, Ian Frazer and Brian Kidd,who collectively have in excess of 90 years experiencein the Northern Ireland Property Market. The Firm alsoboasts a dedicated and professional staff of CharteredSurveyors, Surveyors, Accounts and Support staffproviding a personal service to all of our clients, whoeach have direct access to a partner.


Fixed Charge ReceiversFrazer Kidd & Partners is pleased to be able to offertheir expertise in the role of Fixed Charge Receivers andproperty receivers. A dedicated team of experiencedsurveyors has been created, who possess the relevantskills and expertise in order to maximise the incomeand value of the property asset.“Frazer Kidd &Partners is one ofNorthern Ireland’sleading independentproperty practicesOur Firm has a wealth of experience and knowledgethat we are able to call upon in order to beable to respond quickly to queries and providerecommendations that will assist in the short term andlong term recovery of a property asset. This type ofservice is already being provided for individual propertyowners, property companies, and financial institutionswhere advice, recommendations and strategic reportsare provided on a regular basis.


www.frazerkidd.co.ukWhen appointing a surveyor from Frazer Kidd & Partners as a Fixed ChargeReceiver there will be various stages that each individual property asset will gothrough. Our Fixed Charge Receiver will:-n Carry out a full site/property inspectionn Undertake detailed research on the property and its market environmentn Issue a written report which will detail the findings and contain a full list ofrecommendationsn Implement a strategy that will aim to maximise the current income and reduceany debts/arrears on the property assetn Produce an estimated timescale whereby the long term target of releasing themaximum value of the property asset can be achieved.Our Fixed Charge Receiver will have the ability and necessary skills to be able to:n Collect rentn Arrange insurance covern Organise a schedule of repairsn Ensure that a maintenance programme is adhered ton Liaise with tenantsn Investigate the property rates payablen Asset manage the property.When appointing our surveyor as a Fixed Charge Receiver you will be providedwith a reporting structure consisting of:n Fortnightly executive summary reportsn Monthly meetings where our surveyor will explain the strategies that are beingworked through for each individual property.The appointed Fixed Charge Receiver will also be available to meet or discuss anyissues that arise during the receivership of the property at your convenience.


ContactIan FrazerFrazer Kidd & PartnersTelfair House87/89 Victoria StreetBelfastBT1 4PBWhat next?Should you require any additional informationor wish to discuss our services please do nothesitate to contact us.Tel: 028 9023 3111Mob: 07769 707899Fax: 028 9024 4859Email: ifrazer@frazerkidd.co.ukMark CunninghamFrazer Kidd & PartnerTelfair House87/89 Victoria StreetBelfastTel: 028 9023 3111Mob: 07423 456147Fax: 028 9024 4859Email: mcunningham@frazerkidd.co.uk


www.frazerkidd.co.uk

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