Record number pass exams to become Registered Property Receivers and fellows of nara

A record number of 33 candidates have passed their exams and peer reviews to become Registered Property Receivers and fellows of nara (The Association of Property and Fixed Charge Receivers).

The Fixed Charge Receivership Scheme was created in 1998 to provide a professional qualification for people acting as Receivers under the provisions of the 1925 Law of Property Act (LPA). Aimed at instituting a professional code of conduct, exemplary standards and an effective monitoring process, the scheme is regulated and managed by the Joint Regulation Committee (JRC). The partner organisations in the scheme (Insolvency Practitioners Association (IPA) & Royal Institute of Chartered Surveyors (RICS)) are represented on the JRC – a committee set up to deal with authorisation, complaints and monitoring. The scheme is encouraged and supported by the Insolvency Service. – Read more...