# MDT Property Consultants > LPA Fixed Charge Receivers --- ## Pages - [FAQ](https://mdtpropertyconsultants.co.uk/faq/): LPA Receivers and fixed charge receivers; what is the difference? A Law of Property Act fixed charge receiver is a... - [Privacy Policy](https://mdtpropertyconsultants.co.uk/privacy-policy/): Privacy Policy – MDT Property Consultants Limited Who we are, what we do, and how we process your data MDT... - [Setting the standard for property receivership](https://mdtpropertyconsultants.co.uk/): A receiver is an individual who is appointed when a borrower is not - [About](https://mdtpropertyconsultants.co.uk/about/): Derek started his commercial property life as an Associate Partner with London based Chartered Surveyors Smith Melzack. He was responsible... - [Contact](https://mdtpropertyconsultants.co.uk/contact/): Contact Us MDT are able to act as Fixed Charge Property Receivers on behalf of banks, building societies and other... - [Blog](https://mdtpropertyconsultants.co.uk/blog/) - [Our Service](https://mdtpropertyconsultants.co.uk/our-service/): Appointment process Our business model is based on the principle of being pro-active rather than re-active both with the borrower... --- ## Posts --- ## Projects --- # # Detailed Content ## Pages - Published: 2020-02-12 - Modified: 2020-02-23 - URL: https://mdtpropertyconsultants.co.uk/faq/ LPA Receivers and fixed charge receivers; what is the difference? A Law of Property Act fixed charge receiver is a single asset receiver appointed over a property, rather than a company. It is a means for a lender to “ring fence” an asset and its income within a company, over which they have a fixed charge or mortgage. The terms LPA and fixed charge come from the Law of Property Act 1925, under which we are appointed and which gives certain constrained rights to act. The rights to appoint occur at the time in which power of sale has arisen. They are then underpinned by terms within the fixed charge, such as the mortgage deed, which gives the receiver his or her specific, wide ranging powers to act. What powers do LPA or fixed charge receivers have? A Fixed Charge Receiver’s powers to act are set out in the LPA, but more specifically, in the mortgage deed. Once appointed the receiver is acting in the interests of, and, therefore, an agent of the borrower. This is not to be confused with an estate agent or similar role. (By agent, we mean acting in loco parentis. ) Once an appointment has been made the borrower no longer has any rights to act; he cannot collect rents or issue valid receipts, he cannot sell or let the property and he has no rights in terms of the property management. He neither has the right to enter the building, nor to interfere in... --- - Published: 2020-02-12 - Modified: 2021-08-12 - URL: https://mdtpropertyconsultants.co.uk/privacy-policy/ Privacy Policy – MDT Property Consultants Limited Who we are, what we do, and how we process your data MDT Property Consultants is a commercial business specializing in LPA and Fixed Charge Receivership and property asset management. A Law of Property Act fixed charge receiver is a single asset receiver appointed over a property, rather than a company. The terms LPA and fixed charge come from the Law of Property Act 1925, under which we are appointed, and which gives certain constrained rights to act. The rights to appoint occur at the time in which the power of sale has arisen. They are then underpinned by terms within the fixed charge, such as the mortgage deed, which gives the receiver his or her specific, wide-ranging powers to act. MDT Property Consultants Limited acts as a controller of personal data and is responsible for your personal data in connection with its activities (collectively referred to as "MDT Property Consultants Ltd", "we", "us" or "our" in this privacy notice). Our registered company number is 07178949 and our registered office is at 1 Bramley Business Centre, Station Road Bramley, Guildford, Surrey, GU5 0AZ. You can contact us by email at dmason@mdtlondon. co. uk Changes to the privacy policy and your duty to inform us of changes We keep our privacy policy under regular review. This version was last updated on 26th July 2018. It is important that the personal data we hold about you is accurate and current. Please keep us informed if... --- - Published: 2020-02-10 - Modified: 2023-01-06 - URL: https://mdtpropertyconsultants.co.uk/ A receiver is an individual who is appointed when a borrower is not complying with the terms of the loan agreement which means that the debt becomes repayable. --- - Published: 2020-02-10 - Modified: 2024-11-17 - URL: https://mdtpropertyconsultants.co.uk/about/ Derek started his commercial property life as an Associate Partner with London based Chartered Surveyors Smith Melzack. He was responsible for acquisition, sales, rent review and valuation work for their industrial and out of town retail clients. In 1987 he established Mason Drage Chartered Surveyors, a firm that specialised in out of town retail acquisition for Office World and a wealth of other National clients throughout the UK. In addition to this he advised on radio base station sites for T-Mobile UK Limited as well as most of the nationally known telecoms operators. Derek was one of the first surveyors to see work opportunities in the emerging mobile telecoms business sector and together with the Telecoms operators, worked to develop and build their radio base station networks.   +442087803729 +447836284269 dmason@mdtlondon. co. ukPeter has worked for more than 30 years in the property industry. Starting his career in residential estate agency in 1984, he soon became area sales manager for a North London Estate agency chain before moving to Fairview New Homes, a major London and Home Counties residential development company as a land buyer. Peter was promoted to director level in 2003 and in the years spent at Fairview has covered all aspects of new development and refurbishment. Today Peter uses his extensive technical experience on the technical and planning aspects of properties we are appointed on as well as general management, Maintenance programmes together with undertaking full due diligence appraisals and viability for our Banking Clients. Peter has... --- - Published: 2020-02-10 - Modified: 2022-07-20 - URL: https://mdtpropertyconsultants.co.uk/contact/ Contact Us MDT are able to act as Fixed Charge Property Receivers on behalf of banks, building societies and other lenders in LPA Receivership cases. Email Us dmason@mdtlondon. co. uk  Call Us 020 8780 3729  Visit Us 5 Coppice Drive London, SW15 5BW --- - Published: 2020-02-10 - Modified: 2021-12-16 - URL: https://mdtpropertyconsultants.co.uk/our-service/ Appointment process Our business model is based on the principle of being pro-active rather than re-active both with the borrower and the property. We are prepared to be as flexible as is necessary both in the way we work and the hours we work in order for the client to resolve any issues they may have with each particular property and situation as we see any appointment very much as a partnering role not just a job of work. When considering the way forward there are matters that the client may wish to consider that are pertinent. We would strongly recommend that a report on title is prepared by the lawyers who will act throughout the property receivership in order to establish any equitable charges etc there may be and to try and ascertain the level of those charges. We also need to establish that there are no leases or matters such as restrictive covenants etc that could adversely affect either the saleability or the value of the property. This report will also confirm that the appointment is valid. Once you have this report we can then proceed and the process we go through once appointed is as follows: On the day of our appointment we will write to the tenants at the property and make appointments to inspect. We will arrange a date usually within a week of appointment to visit the property from which we will ascertain the tenancy position. Where appropriate we will also contact the borrowers... --- --- ## Posts --- ## Projects ---