The second publication in our Practice Guide for Second Mortgages covering the area of second mortgages versus caveats is now available to download.
This publication, prepared by Banking and Finance Director, Nadia Sabaini, covers basic information relating to the process for registering second mortgages.
We will discuss the registration requirements for second mortgages in each State and Territory and provide you with some important matters to consider such as:
- When the consent of the first mortgagee is required;
- When to use a caveat and what the risks are; and
- What happens if you have an unregistered mortgage.
To download your copy, click on the link below and scroll to the bottom of the page.
* The information contained in this guide is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.