Providing Specialist Solutions to Distressed Real Estate or Fractured Lending

2nd August 2016

As a member of the Lifecycle network, if you have clients who are having difficulties with their real estate finance, you have immediate access to its team of property solutions experts.

They will work alongside you and your client – the initial client consultation is free of charge – to try to help you both find a solution that keeps them in control.

Falling into default is often no fault of your client, the landlord. Often it’s a result of changes in real estate values or an increase in void rates, which then sees them trying to solve the issue by selling properties or injecting cash to secure loan-to-value covenants.

Consequently facilities are reduced or withdrawn and properties are disposed of for less than they’re worth. In the worst case scenario, these could lead to the loss of an entire portfolio upon appointment of a Receiver who crystallises shortfalls and guarantees. Lifecycle’s team of property solutions experts will work hard to try to prevent such outcomes.

Operating as Leonard Curtis Property Solutions (LCPS), this dedicated Lifecycle service deals solely in property-led work. They will work in partnership with you and your client to negotiate loan facility restructures to maintain portfolios and prevent enforcement action.

If retaining the existing lender is not possible, Lifecycle’s property solutions team will work to successfully refinance portfolios through its RADAR network of specialist funders and brokers – which includes active buyers and sellers of commercial real estate – to give more options when selling or acquiring stock.

 Lifecycle can provide to you and your client with these – and many other – property solutions

 About the Lifecycle network

Lifecycle is a unique network for accountants – provided by the Leonard Curtis Business Solutions Group.

It provides member accountants with a comprehensive range of specialist services – and the expert support required – to improve your client offering at every stage of a business’ lifecycle. From company formation to cessation and all stages in between.

Lifecycle is free to join and also offers members many additional benefits. These include eligibility for a highly competitive Professional Indemnity insurance scheme, a regular programme of free training and education and discounts on products and services relevant to their business and clients’ needs.

Services offered by Lifecycle include: Company secretarial and formation; equity finance for SMEs; debt advisory for SMEs; personal debt advice; corporate restructuring, insolvency and cessation; debt finance for SMEs; cashflow maximisation; property solutions and legal services.

For more information on Lifecycle click here or visit www.lclifecycle.co.uk

To become a member of Lifecycle click here or call for free on 03300 242 333 or info@lcpropertysolutions.co.uk

Follow Lifecycle on Twitter here.

03300 242 3333