Numerous recent legislative and regulatory changes together with a spotlight by government agencies such as the FMA on lending practices means that the business of lending and taking security is now more complex than ever before.
Our team is engaged by banks and other financial institutions to act on their behalf and protect their interests when the complexity or sums involved command the appointment of an external specialist to protect the institutions interests.
Lenders face all manner of issues:
Ensuring they obtain adequate security over land or personal property
Specific issues around insurance requirements
Development loan issues
Security over unusual assets such as racehorses or planes
Lending advice is an area that is fraught with danger for the unaware.
We pride ourselves on partnering with our Lender clients to ensure that their interests are protected from the outset.