Independent Legal Advice Mortgage
We offer independent legal advice for all the major mortgage lender's products. The mortgage terms and risks involved are explained in a Skype meeting by a qualified solicitor who has over 14 years of specialist knowledge of the mortgage product. Having experience of a wide variety of lenders, our solicitor can provide you with mortgage legal advice in a manner that is both easy to understand and helps you to understand the risks you are liable for.
Types of independent legal advice for mortgages
| Handling the advice required for the borrower who is not a legal owner |
| For the party who is a legal owner but not a party to the mortgage (mortgage lenders also require advice in relation to an occupier waiver form) |
| Normally for anyone over the age of 18 living in the property who is not a party to the mortgage and with no beneficial interest |
| Normally for company directors required to provide personal guarantees for a mortgage/loan for their company |
How is independent legal advice completed?
Parachute Law operates a forward thinking approach to face to face meetings and offers Skype meetings as well meetings in person, as a solution for their clients.
Why do mortgage lenders require independent legal advice?
One of the parties to the transaction isn't benefiting from it and is being placed at risk by the mortgage lender. Independent legal advice for mortgage products like this require a solicitor who isn't a part of the main transaction to explain the risks involved.
Mortgage terms differ from mortgage lender to mortgage lender so the solicitor needs to explain the individual terms you are bound by and give an analysis of the risks involved, ensuring that you are fully aware of them.
Can you get free independent legal advice?
A solicitor cannot give free legal advice to their client.
Get an Independent Legal Advice Quote
- Skype bookings available next working day*
- Slots from 9am to 6pm (we can work out of hours for additional fee)
- Fast turnaround from a solicitor with over 14 years experience
- Rated Excellent on Trustpilot
* Subject to receipt of your ID, mortgage offer and mortgage terms
Get Independent Legal Advice
- Skype bookings available next working day
- Slots from 9am to 6pm (we can work out of hours for additional fee)
- Fast turnaround from a solicitor with over 14 years experience
- Rated Excellent on Trustpilot
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