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","insight_departments":[{"Name":"Receivership and Recovery","id":"61f37986b1a21ce223dfc819"},{"Name":"Residential Receivership and Recovery","id":"6217909e0f188b9ff8e52372"}],"Content":null,"Content_and_Image":[{"Content_Section":"<p><span class=\"TrackChangeTextInsertion TrackedChange   BCX0      SCXW91206408 TrackChangeHoverSelectColorRed\"><span class=\"TrackedChange  BCX0 SCXW91206408\"><span class=\"TextRun  BCX0 SCXW91206408\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun   BCX0      SCXW91206408 TrackChangeHoverSelectHighlightRed\">We were recently appointed over the loan on a </span></span></span></span><span class=\"TrackChangeTextInsertion TrackedChange   BCX0      SCXW91206408 TrackChangeHoverSelectColorRed\"><span class=\"TrackedChange  BCX0 SCXW91206408\"><span class=\"TextRun  BCX0 SCXW91206408\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun   BCX0      SCXW91206408 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BCX0 SCXW91206408\"><span class=\"TextRun  BCX0 SCXW91206408\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun Superscript   BCX0      SCXW91206408 TrackChangeHoverSelectHighlightRed\" data-fontsize=\"11\">th</span></span></span></span><span class=\"TrackChangeTextInsertion TrackedChange   BCX0      SCXW91206408 TrackChangeHoverSelectColorRed\"><span class=\"TrackedChange  BCX0 SCXW91206408\"><span class=\"TextRun  BCX0 SCXW91206408\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun   BCX0      SCXW91206408 TrackChangeHoverSelectHighlightRed\"> floor </span></span></span></span><span class=\"TrackChangeTextInsertion TrackedChange   BCX0      SCXW91206408 TrackChangeHoverSelectColorRed\"><span class=\"TrackedChange  BCX0 SCXW91206408\"><span class=\"TextRun  BCX0 SCXW91206408\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun   BCX0      SCXW91206408 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Despite being a relatively modern development, the building did not have an External Fire Review Certificate (EWS-1),</span></span></span></span> <span class=\"TrackChangeTextInsertion TrackedChange   BCX0      SCXW91206408 TrackChangeHoverSelectColorRed\"><span class=\"TrackedChange  BCX0 SCXW91206408\"><span class=\"TextRun  BCX0 SCXW91206408\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun   BCX0      SCXW91206408 TrackChangeHoverSelectHighlightRed\">now mandatory on all buildings over 18m high following the Grenfell Tower disaster</span></span></span></span><span class=\"TrackChangeTextInsertion TrackedChange   BCX0      SCXW91206408 TrackChangeHoverSelectColorRed\"><span class=\"TrackedChange  BCX0 SCXW91206408\"><span class=\"TextRun  BCX0 SCXW91206408\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun   BCX0      SCXW91206408 TrackChangeHoverSelectHighlightRed\">.</span></span></span></span>&nbsp;</p>","Image_Section":{"alternativeText":"Insights Cladding issue - Not always a complete - Strettons","url":"https://ggfx-strettons.s3.eu-west-2.amazonaws.com/i.prod/51_f5faf8c04c.png"}},{"Content_Section":"<p><span class=\"TrackChangeTextInsertion TrackedChange SCXW94349316 BCX0\"><span class=\"TrackedChange SCXW94349316 BCX0\"><span class=\"TextRun SCXW94349316 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW94349316 BCX0\">As a result,</span></span></span></span><span class=\"TrackChangeTextInsertion TrackedChange SCXW94349316 BCX0\"><span class=\"TrackedChange SCXW94349316 BCX0\"><span class=\"TextRun SCXW94349316 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW94349316 BCX0\"> mainstream lenders would not provide funding. 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BCX0\"><span class=\"TrackedChange SCXW207936921 BCX0\"><span class=\"TextRun SCXW207936921 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW207936921 BCX0\">We appointed a well-known national estate agent with a local office to advertise the apartment at a realistic level that would attract interest from a </span></span></span></span><span class=\"TrackChangeTextInsertion TrackedChange SCXW207936921 BCX0\"><span class=\"TrackedChange SCXW207936921 BCX0\"><span class=\"TextRun SCXW207936921 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW207936921 BCX0\">range</span></span></span></span><span class=\"TrackChangeTextInsertion TrackedChange SCXW207936921 BCX0\"><span class=\"TrackedChange SCXW207936921 BCX0\"><span class=\"TextRun SCXW207936921 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW207936921 BCX0\"> of buyers, including occupiers and investors</span></span></span></span> <span class=\"TrackChangeTextInsertion TrackedChange SCXW207936921 BCX0\"><span class=\"TrackedChange SCXW207936921 BCX0\"><span class=\"TextRun SCXW207936921 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW207936921 BCX0\">with cash funding.&nbsp;</span></span></span></span><span class=\"EOP TrackedChange SCXW207936921 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:30,&quot;335559737&quot;:30,&quot;335559739&quot;:150,&quot;335559740&quot;:240}\">&nbsp;</span></span></p>","Image_Section":{"alternativeText":"","url":"https://ggfx-strettons.s3.eu-west-2.amazonaws.com/i.prod/53_4dc51111a9.png"}},{"Content_Section":"<p><span class=\"TrackChangeTextInsertion TrackedChange SCXW67854014 BCX0\"><span class=\"TrackedChange SCXW67854014 BCX0\"><span class=\"TextRun SCXW67854014 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW67854014 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data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:30,&quot;335559737&quot;:30,&quot;335559739&quot;:150,&quot;335559740&quot;:240}\">&nbsp;</span></p>","Image_Section":{"alternativeText":"Insights Ensure your Security - Strettons","url":"https://ggfx-strettons.s3.eu-west-2.amazonaws.com/i.prod/52_13d7736dcc.png"}},{"Content_Section":"<p><span class=\"TrackChangeTextInsertion TrackedChange  SCXW245269588 BCX0\"><span class=\"TrackedChange SCXW245269588 BCX0\"><span class=\"TextRun SCXW245269588 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun  SCXW245269588 BCX0\">Although on paper the lender saw a loss, the principal loan debt and a large proportion of the interest was recovered from what had initially been an asset but had become a liability.</span></span></span></span><span class=\"EOP TrackedChange SCXW245269588 BCX0\" 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