I have loan approval to expand farm. What’s next?

Solicitor Karen Walsh answers your legal questions and queries.

I am farming and want a loan to make improvements to the farm and to expand it. I have loan approval from my bank. What is the next step? What needs to done to put the security in place and obtain funds?

Firstly, as this is a commercial mortgage, the bank will appoint their own solicitor to represent their interest in the transaction.