Commercial Re-Financing Solicitor Dublin
Blanchardstown, Castleknock, Dublin City Centre
Commercial Refinancing Solicitor Dublin | Carmody Moran Solicitors
Commercial Re-Financing Solicitors specialise in providing legal guidance and assistance to businesses and individuals seeking to refinance their commercial properties.
Do you need guidance in obtaining new financing or adjusting existing loan terms to better suit your financial needs and objectives as a borrower? Do you need Commercial Re-Financing Solicitors dedicated to helping clients navigate the complex process of commercial refinancing while protecting their interests?
At Carmody Moran Solicitors our Commercial Law experts and commercial property specialist team are based in two convenient Dublin City locations:
Situated in the centre of Dublin on Mount Street, off Merrion Square, our location is convenient to the heart of Dublin’s commercial and business centers with experience in commercial sales of commercial property, offices, shops, convenience stores, restaurants, medical practices, pharmacies, covering all of Dublin from Merrion Square to Ranelagh, Portobello, Sandyford, Leopardstown to Dun Laoighaire.
Blanchardstown, Dublin 15
In addition, we have another office situated at Main Street, Blanchardstown, Dublin 15, which is convenient to the business parks at Ballycoolin, Blanchardstown Corporate Park, Huntstown Business Park, Eastpoint Business Park, Hibernian Industrial Estate, Broomhill Industrial Estate, Calmount Business Park, North Ring Business Park, Rosemount Business Park, Tolka Valley Business Park, North City Business Park, North Park, Park West, Fonthill Business Park, Longmile Road & Nangor Road.
Our expert solicitors are on hand to guide business owners on financial transactions and loan restructuring. Seasoned Solicitors who will listen closely to your objectives and the needs of your business, taking care to guide you through the commercial and finance arrangements.
Our expert commercial team has successfully worked with clients on re-finance and re-mortgages for clients in a variety of commercial property interests and business backgrounds, both company and sole trader.
Our business clients range from high net-worth individuals with substantial property portfolios and business assets, to medical practices, auctioneers, pharmacy chains, small and medium companies, suppliers and wholesalers, manufacturing industries, engineering companies, information technology companies, accountants, and other professionals.
To arrange a consultation at Blanchardstown or Dublin City Centre at our Mount Street Office at 27 Mount Street Upper, Dublin 2, off Merrion Square, call us today at 018272888 or email [email protected] and our expert commercial property team will be available to assist.
At Carmody Moran Solicitors, our team of experienced Commercial Law Solicitors is dedicated to providing comprehensive legal services across a range of practice areas including Commercial Law. Whether you require assistance with Commercial Litigation, Commercial Property Sales, Commercial Property Purchase, Commercial Leases, Commercial Re-Financing, Shareholder’s Agreements, Employment Law, or Succession and Estate Planning, we have the expertise to support your business needs. Helping you gain your business goals is our priority. Talk to us!
Frequently Asked Questions of our Commercial Refinancing Solicitors in Dublin, Ireland
What is the purpose of Commercial Re-Financing?
The purpose of commercial re-financing is to give security to a lender to obtain a loan, this is often carried out as part of a bank’s assessment of security or by the borrower to shop around and get better value on lending rates and banking facilities.
How does commercial refinancing work in Ireland?
All of the normal steps to obtain a letter of loan offer will apply, such as completing loan applications forms, property valuations and being credit assessed. Unlike a residential loan there are additional legal components however, the status of the borrower is important if it is corporate entity, and commercial Guarantees may be required, and you can anticipate the lender will appoint a Solicitor to act on their behalf and they will detail very specific requirements in the letter of offer. This will include an investigation of title deeds of all property being offered as security for the borrowing, due diligence on the legal title, this will involve an updating of legal title, ensuring all outgoings are up to date such as rates and service charges, dealing with any planning or management company matters, searches, and a taking of legal security against the property including a drafting and review of legal security documentation.
What are the steps to refinance a commercial property in Ireland?
In order to ensure a smooth and successful process, early advice and linking in with your key advisors such as your solicitor and accountant, will generally aid matters to progress quickly and promptly. Your expert commercial law Solicitor will be able to give practical advice to help you anticipate the likely requirements of the Bank or Lender’s solicitor.
The first step to help in this process is to identify the location of your title deeds and to start the process to have the deeds released to your solicitor so they can get to work on reviewing the deeds and advising you on the updating that you can anticipate will be part and parcel of the process. There will be documentation to be gathered by you as the transaction advances and the earlier this is attended to the smoother the transaction can proceed. You will need to apply for re-financing and arrange for the issue of the letter of offer and your Solicitor will be on hand to advise you of the next steps to complete the successful drawdown.
Will the lender appoint their own Solicitor?
Yes, in Ireland when you are re-financing for a business property or a commercial portofolio of loans the practice is generally that the Bank / Lender will appoint their own Solicitor to act for them in the lending transaction.
Who is responsible for the lender’s legal fees?
In Ireland, it is generally a condition of the lending facilities that the legal costs of the re-finance are borne by the borrower.
Your Expert Commercial Law Legal Team in Blanchardstown
At Carmody Moran Solicitors in Blanchardstown our experienced commercial law are on hand to advise and skilled in handling all nature of commercial law in Dublin.
The Carmody Moran Solicitors Team in Blanchardstown have a combined total of in excess of twenty five years professional legal experience. Together with their associates they aim to make the Court process as straight forward and navigable as possible while being on hand to alleviate their clients concerns and worries about going through the Court process.
Jim Downing is a senior member of the team at Carmody Moran Solicitors LLP has significant legal experience gained working with private client firms in Dublin before joining the team.
He is a highly skilled commercial conveyancer with broad Commercial Law expertise. He has a wealth of knowledge from his twenty years plus experience working in the legal field making him a private client specialist including the Commercial Refinancing practice area having handled literally thousands of cases on behalf of clients based in Dublin, Ireland & abroad.
Niamh Moran is one of the founding partners of Carmody Moran Solicitors and is a solicitor with wide ranging experience across all areas of general practice.
Niamh manages the family law, conveyancing in Dublin, and probate divisions of the practice. Niamh’s practice of law is extremely varied and she is regularly sought out for her expertise by clients and colleagues alike.
*While we have made every effort to provide accurate information, the law is always changing and it affects each person differently. This information is not a substitute for specific advice about you personally and it is not intended as legal advice. We will not be liable to you if you rely on this information. In contentious business, a solicitor may not calculate fees or other charges as a percentage or proportion of any award or settlement. This statement is made in compliance with Reg.8 of SI 518 of 2002.
You should note that no solicitor/client relationship or duty of care or liability of any nature shall exist or be deemed to exist between Carmody Moran Solicitors and you until you have received a written letter of engagement from us in which we confirm our appointment as your Solicitors.
INDEPENDENT GOOGLE CLIENT REVIEWS