How does LendInvest ensure fair outcomes in recovery scenarios?
The credit team scrutinises all recovery strategies to maximise investor returns and limit financial losses.
The credit team scrutinises all recovery strategies to maximise investor returns and limit financial losses.
The insolvency practitioner will devise a sale strategy to maximise the asset’s realisation, which may involve refurbishments or an open market sale.
The timeline depends on market conditions, legal proceedings, and borrower cooperation. For example, a property might need additional remedial work to ensure it can generate the required financial position to repay investors. Recovery can take several months to years.
LendInvest works closely with borrowers to assess the best course of action. If necessary, a receiver or administrator is appointed to take control of the asset and recover capital.