Union Fidelity™
Irregular Loan Facilitators

From 9.7% fixed

Coded / Uncoded

Security

Proof of Previous Contributions to SMSF

Lenders Fees

Our Lender's Solicitor will organise:
• SMSF Deed, with Rules and any amendment or variations
• Inspection of the Contract of Sale (Provided by the purchaser), evidencing of nomination of the security trustee as purchaser
• If there is a corporate trustee for either the security trust or the SMSF trustee, we’ll need to review the constitution and conduct an ASIC search (however a Corporate Trustee is not necessarily required)
• Existing lease of property (or we can prepare one for any properties if required. Our fee will be based on requirements)
• Interest of Mortgagee noted on insurance, and
We then prepare the Installment Warrant (incorporating the trust), the statement of advice and the risk statement. There is no need for a separate Bare Trust Deed. The purchaser’s conveyancing solicitor will need to assist the clients to complete and execute the mortgage and security documentation in readiness for settlement.
The Total Cost for the Legal Fees to prepare the Installment Warrant (incorporating the trust), the statement of advice and the risk statement is $3,300-00 (incl. GST)