Secured lending
Overseas borrowers
Cross-border lending has become increasingly common, particularly where overseas investors are seeking to purchase or refinance property in the UK, yet to do this, you should have a secured lending solicitor by your side.
Overseas transactions often involve borrowers based outside the UK obtaining finance from UK lenders, or UK borrowers securing funding from international financial institutions.
The legality falls into multiple jurisdictions, therefore it requires careful consideration of legal, regulatory and financial requirements in more than one country.
Overseas borrowing can involve incredibly complicated legal documentation, different regulations and additional considerations such as currency exchange, taxation and the governing law of the loan agreement.
That being said, without the right legal guidance from a secured lending solicitor, these factors can create uncertainty or even delays.
At Orwins, our solicitors legally advise lenders and overseas borrowers on secured lending transactions involving cross-border elements, helping ensure that agreements are properly compliant with the relevant legal requirements.