We work with lenders to provide legal support when borrowers want to change aspects of their loan agreement/mortgage, such as renting out their property, changing the use of a commercial warehouse or developing farm land.
Making changes to the security
Under the terms and conditions of the mortgage, borrowers need the consent of the lender in order to make a change to the security. These borrowers are normally completely compliant, for example they are meeting the payments on their loans or they are in close contact with the lender in the management of their loan.
Checking the risk factors
What you need is someone to check the risk factors associated with the proposed amendment to the borrower’s property and how it affects the lender’s security. We take care of all the legal aspects of this for you.
Thorough checks and seamless service
Our expert solicitors handle all aspects of the legal changes to the mortgage or loan agreement. We follow a rigorous checking process to make sure:
The land has been registered properly in the first place
Title reviews are carried out
Rectifications on the title are made correctly
Please contact Frances Nunn to find out more about how we can support you or to book an appointment to speak to us in person.
A complete legal package
All legal work for lenders and investors is carried out at Moore Blatch, a service that sets us apart from other firms. Whether the post-completion work includes title rectification, recovering debt or professional negligence claims, we provide an exceptional service and quick response time.
We also provide legal support in: