Real Estate Talking Points: Taking charge: back to basics for lenders enforcing security over real estate
Against the challenging economic backdrop, many businesses may find themselves struggling to keep up with debt repayments. In a distressed market, it is important that lenders understand their enforcement options should they end up in the last chance saloon with defaulting borrowers.
In this short note, we discuss the most common types of security taken over real estate (focussing on registered land) and how this can be enforced.