Taking out a loan can be exciting, as it usually means you are looking to buy a property or undertake some form of investment. At the same time, the process can also be daunting, stressful and risky.
You will need to review and sign a raft of documents, which set out all the terms and conditions of the loan. Gavel & Page contract lawyers will carefully review these documents and advise you in clear and simple terms as to the conditions, obligations and risks associated with the loan agreement and related documents. We ensure that you are fully aware of your rights and obligations, so we can help you negotiate any necessary changes.
A loan carries with it significant responsibilities, and you may face consequences for any failure to comply with those responsibilities. Defaults and breaches can turn out to be extremely costly. Therefore, it is critical to speak with a contract lawyer about the terms of the documents you have been asked to sign.
Our contract lawyers aim to make sure you not only understand the technical and legal aspects of the documents, but also the loan’s practical effect on your life, as well as any measures that you need to put in place to satisfy your obligations.
A loan agreement will contain many important factors to consider. Just a few examples include:
On the other hand, you might be the one providing rather than receiving the loan. In this case, we can also draft a loan agreement for you. We will meet with you first to discuss the nature and purpose of the transaction, advise you and then draft a document to reflect your requirements, whilst ensuring your interests are protected and risks are minimised.
I was a little cautious about lawyers generally, even more so since I was embarking on my very first development. A referral to Gavel & Page Lawyers let me put my previous concerns behind me. Open. Direct. Clear communication. Detailed and productive advice. Competitive fees. Down to earth and contactable. Not sure what else you need.
You guys were a pleasure to deal with! No nonsense, straight to the matter at hand and kept me calm the whole time… awesome!
Thank you for your service, much appreciated – we’ve moved in and very happy here.Joseph and Merlyn thank you both for our sell and buy transactions and everything in between – you always made time for us during the process. We really appreciate that you accommodated us with the 66W on the Saturday when we made the offer – it was crucial to our success in securing the property – we had been looking for a new home for over 15 months.
I engaged Gavel & Page lawyers to undertake some property conveyancing work for me and was extremely pleased with their service. During my search for a property they were very informative and made sure I understood my legal obligations under the ownership structure before I purchased so that I was set-up correctly from the beginning.After we purchased our property I was very impressed with their diligence, thoroughness and pro-active approach through the whole settlement process, completing all the necessary tasks in an efficient and timely manner. I would not hesitate in using their services again in the future and would highly recommend them. Many thanks for your help.