While it may seem straightforward when it’s a simple switch from one bank to another with a single mortgage security, things can get more intricate. Especially, when your restructuring involves cross-collateralization, cross-guarantees, and a complex interplay of companies, trusts, and individuals.
In such cases, it’s crucial to have legal experts who possess extensive experience across these domains. Furthermore, bear in mind that when your family home or business serves as collateral, the broader implications on risk factors need thorough consideration
Feel free to contact the team at Legality Limited for a discussion.