The next instalment of “What do they do?” is reserved for everyone’s favourite.
Lawyers.
They get a bad rap most of the time, but without them there are certain processes that just wouldn’t go as smoothly!
Like everyone that enters into any dealings with another party, our trusted panel of lawyers and solicitors makes sure that all the dealings are done the correct way in order to avoid any less than preferable outcomes.
GPS utilises a panel of trusted solicitors to complete our legal documentation for every project. This panel is made up of leading Australian firms Gadens, Mills Oakley and Dentons.
Our panel solicitors specialise in the corporate and banking and finance spaces, and ensure that GPS and our investors are adequately protected when entering into loan contracts with our borrowers.
Our solicitors attend to multiple aspects of our loans including documentation of loan contracts and associated deeds, facilitate our front and back end settlements and attend to the registration of all our mortgages (just to name a few!).
With over a decade of experience with both Mills Oakley and Gadens, and having appointed Dentons in 2020, the GPS lending team has built a solid foundation and relationship of trust with the teams within our panel solicitor firms.
Marnie Woodhead recently graduated with her Law Degree (like father like daughter) and is spending 12 months at Mills Oakley this year completing the final stages of her education.
This is not only of huge benefit to Marnie, but also a great benefit to GPS. She is currently working closely with the team that handles our documentation to make sure that the lawyers get the complete picture from the Lenders’s point of view! This makes it easier and more time efficient to communicate changes. Richard also of course keeps an eye on the lawyers and they have learnt to tolerate his involvement!
Overall, while lawyers are not everyone’s cup of tea, they are critical to the successful settlement and management of our loans which ultimately means the best outcome for both of us!
