If you’ve arrived here, it’s probably because you’ve been told you need to take Independent Legal Advice to complete your mortgage or loan.
You’re in the right place. At ILA-Connect our goal is to provide the cheapest Independent Legal Advice in the UK, and to do so in the most convenient way possible – in the comfort of your own home or office, via video call e.g. Zoom, Skype, Facetime or WhatsApp video calling
We’ve helped thousands of people just like you to save money on their Independent Legal Advice.
Simply call us on 0333 300 1879 or book online today.
Aldermore Bank Mortgages
Bank of Ireland
Bank of Scotland
Bibby Financial Services
Cambridge & Counties Bank
Darlington Building Society
Family Building Society (NCBS)
First Trust Bank
Foundation Home Loans
Hampshire Trust Bank
Just Cash Flow
Keystone Property Finance
Mansfield Building Society
Nationwide Building Society
Hinckley and Rugby Building Society
Newbury Building Society
Nucleus Commercial Finance
Royal Bank of Scotland
Saffron Building Society
The Cambridge Building Society
The Mortgage Lender
The Mortgage Works
United Trust Bank
Vida Homes Loans
Following the House of Lords’ guidance in the case of Royal Bank of Scotland v Etridge (No 2) and other cases in which a number of borrowers argued successfully that they should not be bound by a loan, guarantee agreement or mortgage because they were not aware of what they were signing up to, it was established that in some circumstances there is a need for a borrower to be advised separately by an independent, qualified legal professional before signing the mortgage or guarantee document.
Ultimately, it’s a question of consent. According to one of the guiding principles set out in Royal Bank of Scotland plc v Etridge (No 2), a lender is put on notice of undue influence if there is a ‘non-commercial’ relationship between the parties borrowing a loan. A presumption of undue influence may arise in the context of a close relationship: a parent and child, or husband and wife, for example. Where one person uses this close relationship with the other to persuade them to do something that will be to the benefit of the first party but potentially to the detriment of the second, this can be classed as a presumption of undue influence.
Simply put, the lender may require a party involved in a transaction to seek independent Legal Advice so as to provide reassurance that they have not been unduly influenced and understand the nature of the proposed mortgage arrangement or guarantee. In doing so, the people signing up to loans, guarantees and other such documents will be less likely to be able to avoid liability by claiming they were not aware of the consequences as their independent legal advisor would have ensured they were fully informed before signing anything.
That’s why, when a lender asks for someone to give it a ‘personal guarantee’, it can often come with the requirement that the proposed guarantor seeks independent legal advice, to ensure that they are aware of the transaction in question and the full extent of their financial liability. When a guarantor or person providing security for a mortgage obtains ILA, a lender receives confirmation that the guarantor freely entered into the guarantee knowing full-well the financial implications, consequences and risks associated with giving the lender a personal guarantee.
From the bank or building society’s perspective, the need to protect its interests in the face of potential legal challenges is critical. Written confirmation from a solicitor acting for the borrower, guarantor or mortgagor can act as irrefutable evidence that the solicitor has fully explained their role in the transaction to him/her and the practical implications that come with signing the document. The purpose of the solicitor’s written confirmation/certificate of independent legal advice is to satisfy the lender that it has discharged its duty of care to the individual and to prevent the borrower, guarantor or mortgagor from disputing their liability to the loan: without this confirmation, the lender could lose the ability to enforce its security if it was successfully challenged.
Having already put in the hard work to get a mortgage or loan arranged for a client, the need for independent legal advice can, in effect, prevent a borrower from proceeding with the transaction. As such, it’s within the lender’s best interest to assist their client in obtaining independent legal advice: the problem is, it’s not always easy to find a solicitor who will offer this service.
Following the Etridge case, the House of Lords outlined the ‘core minimum’ requirements for a solicitor when giving independent legal advice. For one, the meeting between the borrower/guarantor/mortgagor and the solicitor must be face to face with no other party present to the meeting. The solicitor must ensure that the language they use can be understood by the individual; it cannot be technical in nature and should not bombard the individual with incomprehensible legal jargon. Further, the solicitor must explain their role in the transaction and make it clear that the lender will rely on the solicitor’s involvement to counter any claims in the future of there being undue influence involved or having not fully understood the transaction.
During the meeting, the solicitor must explain the nature of the guarantee, or mortgage/transaction, clarify the meaning of any accompanying documents and explain the practical consequences of signing the guarantee or mortgage and the risks associated. Finally, the solicitor delivering independent legal advice must make it abundantly clear to the guarantor that it is their decision whether to give the guarantee or enter into the mortgage and ensure that he or she is happy to proceed. The solicitor will then give a written confirmation or certificate to the lender, as per the individual lender’s requirements.
The requirement for independent legal advice can leave many scratching their heads and searching endlessly for a solicitor who offers this service. Fortunately, we’re here to make things easy. We know that the need for independent legal advice can seem like another frustrating hurdle in the process of arranging a mortgage, which is why we’ve teamed up with expert solicitors across the UK to assist our clients to get the advice they need with minimal fuss. We understand the difficulties in meeting strict time constraints, so we’ve made the process simple: simply get in touch and give us some details and we’ll provide you with a quote for the service you need, which we know from long experience in being involved with independent legal advice is very competitive in the market. We can deliver a convenient appointment for you to attend a firm of solicitors that is local to you.
“I found out last minute I had to obtain independent legal advice and really wasn’t getting anywhere until I contacted ILA-Connect!”
“ILA-Connect got me in contact with a solicitor who understood what was needed and I was able to book my appointment straight away.”
“I had to see solicitor for independent legal advice regarding a Joint Borrower, Sole Proprietor mortgage for my son. I booked it though ILA-Connect and conveniently it was done via Skype which saved me some time, and it was cheaper.”
“I had been given a quote for independent legal advice for a personal guarantee for my company’s buy-to let mortgage, but got it done for half the price through ILA-Connect!”
“It was a very professional and helpful service from ILA-Connect, thank you. I wasn’t really sure why I had to get independent legal advice but you explained it and arranged things so that I was able to complete my purchase without it being delayed.”