Discovering that your bridging lender has appointed a Law of Property Act (LPA<\/a>) or fixed charge receiver<\/a> is one of the most critical moments in a sviluppo immobiliare<\/a> or investment project. Bridging loans are designed as short-term, fast-liquidity options. However, their high interest rates and rigid maturity dates mean that if an exit strategy fails, default<\/a> happens quickly. <\/p>\n\n\n\n A differenza dei tradizionali istituti di credito ipotecario, gli istituti che concedono prestiti ponte raramente attendono mesi prima di avviare le trattative. Essi ricorrono abitualmente ai poteri contrattuali per aggirare completamente i tribunali, nominando curatori indipendenti incaricati di assumere il controllo, gestire e vendere l\u2019immobile dato in garanzia. <\/p>\n\n\n\n If you are a borrower facing<\/a> this situation, your immediate question is simple: Can I stop them? <\/p>\n\n\n\n To successfully challenge<\/a> a receiver, you must first understand the legal mechanism behind their appointment. Under Sezione 101 della Legge sulla propriet\u00e0 del 1925<\/a>, a lender gains the statutory<\/a> power to appoint a receiver the moment the mortgage money becomes due. Bridging loan<\/a> agreements<\/a>\u00a0usually\u00a0expand these statutory powers through express\u00a0contractual clauses.\u00a0<\/p>\n\n\n\n A unique aspect of an LPA or fixed charge receiver is their legal status. In almost all bridging deeds, the receiver is contractually designated as the agent of the borrower, not the lender. This structure provides distinct advantages<\/a> to the lender: <\/p>\n\n\n\n The most direct way to stop a receiver is to prove that their appointment was legally invalid from the outset. Because receivership is a harsh remedy<\/a>, lenders must follow strict legal procedures. Any procedural<\/a> flaw can make the appointment void, rendering the receiver a trespasser on your property. <\/p>\n\n\n\n In circumstances where receivers are taking steps to sell your asset below market value, borrowers will often look into whether it is possible to apply to the High Court for an urgent interim injunction<\/a>. <\/p>\n\n\n\n To secure an injunction, your legal team<\/a> must satisfy the court on several fronts under the established American Cyanamid<\/em> principi: <\/p>\n\n\n\n Borrowers must note that courts are generally reluctant to stop a lender from enforcing<\/a> their security<\/a> unless the borrower pays the disputed sum into court. However, an injunction can be granted without this requirement if you can demonstrate fraud, a clear calculation error by the lender, or that the receiver is acting in bad faith. <\/p>\n\n\n\n Implementazione del\u00a0Menon contro Pask<\/a><\/em>\u00a0Defence\u00a0for Homeowners<\/a>\u00a0<\/p>\n\n\n\n If the bridging loan is secured against your personal residenziale<\/a> home, or if you live inside the property as an owner-occupier, the landscape changes. <\/p>\n\n\n\n Nel caso storico di Menon contro Pask<\/em>, l'Alta Corte ha chiarito in che modo i curatori fallimentari devono gestire i mutuatari che occupano l'immobile. <\/p>\n\n\n\n The court confirmed that while receivers have the legal right<\/a> to bring possession claims against borrowers in their own names, individual<\/a> residential borrowers can protect themselves using Articolo 36 della Legge sull'amministrazione della giustizia del 1970.\u00a0<\/a><\/p>\n\n\n\n Under Section 36, a judge has the discretionary power to adjourn possession proceedings, or suspend an eviction<\/a> order, if the borrower can show they can clear the arrears or redeem the loan within a “reasonable period.” <\/p>\n\n\n\n To successfully invoke this defence against a bridging receiver, you must present concrete, verifiable evidence<\/a> to the judge, such as: <\/p>\n\n\n\n Bridging disputes rarely centre on the principal sum alone, they are frequently driven by the rapid accumulation of default interest<\/a>, exit fees, and facility charges<\/a>. If these costs make repayment impossible, you can attack the underlying debt structure. <\/p>\n\n\n\n Under Section 140A of the Consumer Credit Act 1974, courts have broad powers to rewrite loan agreements<\/a> if they find the relationship between the lender and borrower is unfair. This protection can apply to commerciale<\/a> bridging loans if the borrower is an individual or partnership<\/a>. Factors that trigger an unfair relationship include: <\/p>\n\n\n\n A seguito della sentenza della Corte Suprema nella causa Cavendish Square Holding BV contro El Makdessi<\/em>, una penale per inadempimento non \u00e8 applicabile se \u00e8 eccessiva, esorbitante o priva di una legittima giustificazione commerciale. Se le penali per inadempimento vengono eliminate, l\u2019inadempimento pu\u00f2 essere sanato, rendendo cos\u00ec nulla la procedura di amministrazione controllata. <\/p>\n\n\n\n Receivers move quickly. The moment they are appointed, they will contact<\/a> your tenants, insurers, and estate agents to seize control of the asset’s income and management. Doing nothing increases the risk of the loss of your property. <\/p>\n\n\n\n Per revocare le designazioni dei destinatari, \u00e8 necessario agire entro i primi giorni dalla nomina: <\/p>\n\n\n\n Senior<\/a> Contenzioso<\/a> Partner David Burns and <\/strong>Avvocato associato, <\/strong>Ben Lewis have extensive experience acting on behalf of borrowers where lenders have appointed receivers. For enquiries on this topic, please contact David Burns via<\/a> e-mail d.burns@rfblegal.co.uk<\/a> oppure chiama direttamente il numero 0207 467 5751 oppure contatta Ben Lewis via e-mail all'indirizzo B.Lewis@rfblegal.co.uk<\/a> o telefonicamente al numero 0203 947 8892. <\/p>","protected":false},"author":12,"featured_media":9929,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[20],"tags":[81],"class_list":["post-9928","insight","type-insight","status-publish","format-standard","has-post-thumbnail","hentry","category-property-litigation","tag-litigation-team-dj"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\tComprendere il potere del ricevitore <\/h2>\n\n\n\n
Il paradosso dell'agenzia<\/strong> <\/h2>\n\n\n\n
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Contestazione della validit\u00e0 della nomina\u00a0<\/h2>\n\n\n\n
Errori procedurali comuni<\/strong> <\/h3>\n\n\n\n
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Ricorso alle ingiunzioni del tribunale per impedire una vendita <\/h2>\n\n\n\n
Il criterio della convenienza<\/strong> <\/h3>\n\n\n\n
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L'ostacolo finanziario<\/strong> <\/h2>\n\n\n\n
La sentenza e la tutela prevista dall'articolo 36<\/strong> <\/h2>\n\n\n\n
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Contestare le commissioni nascoste e i rapporti iniqui <\/h2>\n\n\n\n
Relazioni inique (Legge sul credito al consumo del 1974<\/a>)<\/strong>\u00a0<\/h3>\n\n\n\n
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Clausole penali illegali<\/strong> <\/h3>\n\n\n\n
Misure da adottare in caso di nomina di curatori fallimentari <\/strong> <\/h2>\n\n\n\n
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Contattaci \u2013 David Burns, socio senior del dipartimento contenzioso, e Ben Lewis, avvocato<\/strong> <\/h2>\n\n\n\n