So you’ve signed a contracting out agreement (“agreement”) (commonly referred to as a “prenup”). What happens if the worst occurs and your partner dies? While the contracting out agreement will still apply, it may be limited. That is, other sections of the Property (Relationships) Act 1976 (“the Act”) may override the agreement. Let’s take a [...]
You may have heard about the new lending criteria that banks are required to use, after the amendment of the Credit Contracts Consumer Finance Act (CCCFA) and the introduction of the Responsible Lending Code that came into effect on 1 December 2021. There have been numerous stories about people being turned down for home loans [...]
You’ve decided to sell your property. It’s been listed for some time now, and you’ve finally found a buyer. All the conditions have been met and the agreement went unconditional last week. What could go wrong? It’s guaranteed to settle on time right? Wrong. With the emergence of COVID-19 and the corresponding restrictions on travel [...]
