Our Services to Borrowers in New Zealand

Mortgages have become a commodity. Although mortgage lenders are often viewed as parties in the chain that supplies this commodity, a mortgage is nevertheless a legal instrument and lawyers too play an important role in the mortgage supply chain.

If a lawyer is required to supply a commodity, then the lawyer’s services should be delivered as efficiently and cost effectively as possible.

In New Zealand, lawyers have come to expect to be instructed by lenders to act for the lender as well provide legal advice to the borrower. The Courts, the rules of professional conduct and common sense tells us that this has the potential to create a conflict of interest – particularly when the lawyer should be advising the borrower to do something that may not be in the best interest of the lender.

Our services when refinancing a mortgage

If you are refinancing your mortgage then you’ve had a mortgage before. Most probably you just want your new mortgage signed and settled in the most convenient way.

Sanderson Weir has developed Switchme – a service that allows you, the borrower to instruct us to register the mortgage and act on the discharge of the existing mortgage without requiring us to provide legal advice on the transaction.

Quotes on action

“never mistake motion for action” Ernest Hemingway

“Knowledge speaks, but wisdom listens” Jimi Hendrix