HSBC ILA | Comercial

Garner Hancock is an HSBC approved panel legal provider

Garner & Hancock are specialized property lawyers with extensive experience in advising clients on property transactions. We provide a fast and professional service to help you finalize your transaction and obtain a Certificate of Independent Legal Advice. We can also arrange a face-to-face meeting via Zoom.

We provide remote service – you do not need to come to the office.

Why do I need Independent Legal advice for my HSBC Company Loan?

HSBC will require an Independent Legal advice certificate to be signed by a solicitor in the following circumstances:

• The legal owner is different to those taking on the responsibility for the commercial loan.
• The money is lent to a company
• You are a guarantor

Such a step is usually time-sensitive and could jeopardize 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 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 and we do not require you to come to the office.

Why do I need Independent Legal advice for my HSBC commercial loan guarantee?

HSBC will require an Independent Legal advice certificate to be signed by a solicitor in the following circumstances:

• The money is lent to a company
• You are a guarantor

Such a step is usually time-sensitive and could jeopardize 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 and we do not require you to come to the office.

What are the steps?

1. Send the  Nomination form – this nominates us as your solicitors
2. We receive the Pack – all the documents will be included, which we shall need to deal with the advice.
3. We will review the documents and arrange a video conference either by Zoom on the same day or the next day.

You will need to produce ID and once the advice is given the certificate is send to HSBC by recorded delivery and to a copy to your solicitor. 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 fill in our details on the initial form HSBC take about 2 weeks to provide this. We suggest you chase your broker if it takes longer. Once we receive the pack, we notify you immediately and usually arrange a video call on the same day. The HSBC ILA certificate will be sent out usually the same day.

What is the cost?

HSBC Independent Legal Advice Certification Fee

No Hidden Fees Guarantee. There are no sneaky charges, this is a fixed fee service.
We also provide a service where we can come to your home or business within business hours.