Garner & Hancock are specialist property lawyers with a vast experience of advising clients on property transactions. We offer a speedy, professional service to get your transaction finalised with a Certificate of Independent Legal Advice for joint mortgage sole proprietor mortgages. We can arrange a face to face meeting at very short notice.
We may even be able to deal with this by Skype or FaceTime
Why do I need Independent Legal advice to guarantee a Mortgages?
Mortgage companies will require an Independent Legal advice certificates to be signed by a solicitor in the following circumstances:
- The legal owner is different to the those taking on the responsibility fo the mortgage.
- The money is lent to a company and you are guaranteeing the loan ie your are on the mortgage but not on the title deeds
- You are guarantor for someone else but not an owner
- You are parents lending to you child/children or guaranteeing the loan and will need to be a party to the mortgage but not become owners
Such a step is usually time sensitive and could jeopardise the transaction if not completed in a timely fashion. This is often the final piece of the jigsaw in a long and laborious process. Your own conveyancing solicitor will be unable to offer this service as the mortgage company requires another independent solicitor to advise on the transaction. This is where we come in.
We are there for when you might need another solicitor standing by to deal with the final part of the transaction.
We have a fixed fee advisory service.
What are the steps?
The first step is to send us the pack received by mortgage company to us by email at vtanna@garner-hancock.co.uk.
We will then arrange for you to come in and go through the documents and satisfy ourselves that you understand the transaction and that there has been no pressure placed upon you to sign the forms.
When you come in you will need to produce ID and once the advice is given the certificate is sent to Precise or to your nominated solicitors. We shall write to you with confirmation of advice and a copy of the certificate.
We provide efficient service with the minimum of fuss.
How long does it take?
Once you receive the forms we can usually see that day or the next business day. The mortgage company ILA certificate will be sent out usually the same day.
What is the cost?
Precise Mortgages Independent Legal Advice certification.This includes a meeting, reviewing the documents seeking any clarification from the conducting solicitors and finally certifying the documents with a letter of comprehensive advice |
£300 + VAT |
| For any additional person, we need to advise (in joint lending/guarantors) |
£100.00 + VAT |
Who should I contact?
For a quick turn around and response within 1 hour* please call Garner & Hancock Solicitors 020 3962 0319
Or complete the form below
We also provide a service where we can come to your home or business. *Within business hours