There are lots of videos to sort of set you straight about what services we provide, how we can repair your credit file. Quite a lot of information out there for you. Okay, so what else is on the Internet when we type these things in there’s another company called Invest Develop. They’re a developing company. They probably help people to come up with solutions to develop their project out.

If it’s gone into negative equity to try and get it delivered with funding, that’s what they do. If you click that, then my profile comes up. Lakhi Singh Private Investor advisor to funds, family offices, and then a fair amount of detail about all the services that we provide.

And then you’ve got quite a few other companies got property, tribes got Mortgage Finance Gazette. We’ve got England, Shelter, Deck, and Camel. And you also got number eight is Lakhi Singh the property fixer comes up. We’ve got a lot of content on the website. We also have a website called Rescue My Properties. That’s just a quick breakdown of the key companies that are out there in the space for repossession and helping companies’ repossession.

There we go. There’s lots of help out there for people there’s repossession. We’ve got quite a lot of money saving experts. We’ve got a company called Step Change, which deals with that settlement. But in terms of coming up, number one, the first video comes up. Let’s have a look. What is the first thing that comes up?

How can you stop LPA receivers from taking your BTL portfolio?

What are the types of services carried out by LPA receivers?

Let’s say you go into mortgage arrears, you haven’t paid your mortgage, you get into a default situation or you get a build up arrears on your buy to let portfolio. This is the other really critical point that people forget. LPA Receivers normally get pointed only on buy to let properties. It’s only if you’ve got maybe second charge, second charge on a commercial loan, then LPA receivers. Receivers could potentially also be appointed in those circumstances as well.

So lots of Gray lines in terms of how people understand receivership. So first point is, if you own a buy to let portfolio, then receivers can be appointed. If you have gone into arrears, then receivers can be appointed. If you’re a homeowner, then receivers don’t get appointed on your home. Basically, you would actually end up negotiating with the bank and you would actually end up having to go to not to court. Be wary!

But normally there’s a negotiation process with the bank, because if you lost your job or you’re having some financial difficulty, they will try and be somewhat helpful. But you’ve got to be very careful because if you don’t communicate with the bank, you could have a big problem. So there’s a lot of tweaking and throwing that goes on with banks when it comes to receivership.

So what are the services we provide in terms of helping you to stop repossession?

So what we do as an organization is, first of all, when receivers get appointed, they usually if you go into arrears default or a huge amount of arrears built up, then the banks will appoint in the receiver. So what we typically do is people come to us at this point just before receivers are badly appointed. So we would look through everything and see if there’s a way around of talking to the right parties and negotiating a way of the properties not being taken over by the receivers.

But once the receivers are on your property, it’s very difficult to take them off, even though we’re experts at doing that, prevention is better than cure. So the best thing to do is to negotiate a deal or go through all the paperwork and negotiate with the bank a way out, a solution that’s not that difficult to do. But if you haven’t got the expertise or haven’t been through the process before, leave me. You don’t want to go through this process and be in a situation where you are putting your properties are at risk. So it’s better to come and talk to us at this stage.