The private lending market continues to mature. Alongside that growth has come greater scrutiny of how loan facilities are structured, documented, and supported over their full lifecycle.
Increasingly, the focus is not simply on documentation, but on whether the structure of a loan genuinely reflects its commercial purpose. From what we see across the market, several themes consistently stand out.
Insight
E-Conveyancing in NSW – Update
Big Banks and ADI’s are now used to not having physical/paper CTs, the phasing out commenced in September 3 years ago! NSW is about to take another step to all electronic conveyancing. From 11 October 2021 all paper CTs will be abolished, replaced with electronic...
Caveat lending – joint tenancy properties and death
Here is an important fact to be aware of when it comes to the world of caveat lending: People that own properties as joint tenants own 100% of the property together. This means Mr A owns 100% of the property and Mrs A owns 100% of the property. There are no shares – where there are shares this is called tenants in common.