When a borrower defaults, financial institutions must act swiftly to protect their interests. Many lenders include self-help clauses in their mortgage documents, allowing asset managers to take proactive steps to secure and recover the property.
But once possession begins — so does the risk.
⚖️ Legal Authority to Act: Self-Help Clauses in Mortgage Agreements
Most modern loan contracts contain provisions under the Memorandum of Common Provisions, which empower the lender to act immediately upon default, without court intervention.
Key clauses often include:
Clause 5.11 – Access to the Secured Property
- (b)(i): If an Event of Default is subsisting, the Mortgagee may access the property at any time and without the need for notice.
Clause 6.2 – Assistance in Realisation
- Allows the mortgagee to take reasonable steps to secure and preserve the asset.
Clause 7.6 – Powers Exercisable by the Mortgagee
- (Refers to 7.3(a)): Grants the power to manage, possess, or assume control of the secured property.
Clause 7.7 – Notice of Exercise of Rights
- (c): The mortgagee is not required to obtain the consent of the mortgagor to exercise its rights under the mortgage.
These clauses form the legal foundation for asset managers, recovery agents, or banks to move swiftly in situations of non-payment or default — and that’s where we come in.
🚓 BASE PACKAGE: MARKED SECURITY VEHICLE PRESENCE
Our standard service includes a clearly marked security vehicle stationed onsite during key hours — a visible, professional deterrent to prevent re-entry, tampering, or damage to repossessed or defaulted properties.
Ideal during:
- Initial lockout or possession
- Valuations, inspections, or staging
- Weekend or after-hours periods
- Times of high foot or vehicle traffic
Benefits:
✅ Prevents unauthorised access
✅ Deterrent against theft or vandalism
✅ Onsite reporting and issue escalation
✅ Protects the integrity of the repossession
🔒 UPGRADE OPTIONS FOR HIGHER-RISK JOBS
For volatile or more complex recovery situations, we offer:
👮 Static Guards (Day/Night)
- Guards stationed inside or outside the premises
- Ideal for overnight protection or high-value sites
- Visible authority for asset protection
🚶♂️ Roaming Foot Patrols
- For multi-entry or larger properties
- Checks gates, doors, windows, and perimeter
- Reports activity, damage, or breach attempts
🚨 Emergency Callouts & Fast Response
- For sudden escalation, party situations, or disputes
- Guards trained in de-escalation and conflict management
- Supports safe and controlled resolutions
🏦 Built for Financial Institutions
We work directly with:
- Banks and mortgage lenders
- Asset management teams
- Receivers and property agents
- Legal teams overseeing mortgagee repossessions
Our experience spans residential, commercial, and development sites — with Melbourne-wide coverage and flexible scheduling.
📞 Ready to Support Your Next Recovery?
Whether you’re preparing to enter a site or need a guard stationed immediately, we’re here to support your team and protect your asset.
📍 Melbourne & Sydney -wide coverage
🌐 securitycarhire.com.au
📞 Contact us today to discuss your needs
Security Vehicle Hire
Trusted partner for asset protection, recovery, and peace of mind.
Tagged MARKED SECURITY VEHICLE PRESENCE, Mobile Security Patrols, Night Security Patrol, security vehicle hire
The silent strength behind every successful asset recovery.