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Date Added: Thu 17/10/2024

Property Receivership Associate

Manchester, UK
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Company: IMPERIUM FINANCIAL RECRUITMENT

Job Type: Permanent, FullTime

Salary: £35,000 - £45,000 per annum, Negotiable

Job Title: Property Receivership Case HandlerLocation: ManchesterSalary: Competitive

Imperium Financial Recruitment is pleased to be recruiting on behalf of a leading Insolvency and Property Receivership Business in Manchester. We are seeking a skilled Property Receivership Case Handler to manage a diverse portfolio of cases, working closely with clients, borrowers, and third-party professionals to deliver comprehensive receivership solutions.

Key Responsibilities:
  • Case Handling & Appointment Processing: Managing the full lifecycle of receivership cases, from initial appointment to resolution, ensuring compliance with legal and financial regulations.
  • Client Reporting: Providing regular updates to lenders, banks, and bridging finance companies, including tailored reports on case progress, property status, and financial recovery strategies.
  • Debt Recovery Strategies: Developing and implementing bespoke strategies to recover debts, including working with borrowers and legal teams to secure assets and recover outstanding balances.
  • Redemption Statements & Financial Reporting: Preparing and reviewing redemption statements, ensuring accuracy in financial reporting to stakeholders.
  • Liaising with Borrowers: Managing communications with borrowers to discuss asset management, debt recovery, and property status.
  • Insurance Management: Collaborating with insurers to ensure appropriate coverage, manage claims, and handle any insurance-related issues during the receivership process.
  • Solicitor & Legal Correspondence: Working closely with solicitors on legal matters, including possession proceedings, evictions, and resolution of legal disputes.
  • Valuations & Appraisals: Assessing RICS Red Book valuations and property appraisals to guide strategic decisions regarding asset management and sales.
  • Property & Asset Management: Overseeing property maintenance, repairs, and ensuring properties comply with safety and legal standards.
  • Security & Possession: Coordinating with security contractors, managing possession proceedings, evictions, and liaising with bailiffs when necessary.
  • Occupier & Tenant Liaison: Managing relationships with tenants, leaseholders, and occupiers, ensuring smooth communication and resolution of issues.
  • Property Sales Management: Overseeing the full sales process, from initial enquiries through to completion, including negotiations, solicitor correspondence, and sales strategy execution.
  • Land Registry & Companies House Enquiries: Handling all relevant enquiries with Land Registry and Companies House, ensuring compliance with ownership and corporate regulations.
  • Planning Applications: Assessing planning applications and liaising with surveyors and relevant parties to ensure property value maximization.
  • Rent Collection & Tenancy Management: Managing rent collections, tenancy renewals, and lease agreements, ensuring accurate financial reporting and lease compliance.
  • Estate Agent & Surveyor Relationships: Building and maintaining strong relationships with estate agents, surveyors, and commercial property agents to optimize property sales and management.
  • Insurance Claims & Risk Management: Handling insurance claims, ensuring efficient resolution and mitigation of risks.
  • Accounts & Financial Enquiries: Managing property-related financial accounts and enquiries, ensuring accurate and timely financial reporting.
Requirements:
  • Strong experience in property management, property receivership, or insolvency.
  • Ability to assess property valuations, manage assets, and liaise with professional services such as solicitors, surveyors, and agents.
  • Solid understanding of debt recovery, possession proceedings, and property sales processes.
  • Excellent communication and negotiation skills, with experience dealing with clients, borrowers, tenants, and third parties.
  • Experience in managing tenancy agreements, renewals, and rent collections.
  • Strong organizational skills with the ability to manage multiple cases and tasks simultaneously.
Ideal Candidate:
  • Background in property receivership, property management, or insolvency is essential.
  • Experience with managing distressed assets and dealing with financial institutions is highly desirable.
  • Proficiency in using property management software and financial reporting systems.

This is an excellent opportunity to join a leading insolvency business and gain exposure to high-value property receivership cases, working with a highly experienced team of professionals.

Apply Now