Cost
We charge a fixed fee £150 plus vat per independent legal advice certificate.
We charge a fixed fee £150 plus vat per independent legal advice certificate.
Please call James Goff at Keystone Law Solicitors.
His direct line is: 0203 8149 400 and his mobile number is 07901 000 032.
Or alternatively, email James Goff at: James.Goff@KeystoneLaw.co.uk
Important: you will need to check with your lender that they are happy for you to receive the advice online i.e. via Skype; Facetime; WhatsApp; Zoom; Teams; or anything similar. When you have this confirmation, please send to us the email which contains the confirmation; and
For our online meeting we will require you to have your passport to hand so we can verify it’s you and you must ensure that there is no one else present during the meeting.
Usually, ‘Independent Legal Advice’ (otherwise known as an ILA) is required in property transactions and is a requirement of the lender.
Often, independent legal advice is needed for:
Essentially, the lender will require you to have the advice to ensure that the risks have been explained to you and so that a formal certification exists to document that you understand the same. Usually, the lender won’t proceed with the main transaction without it.
Quite often the advice is needed because the party entering into the legal documentation is entering into obligations but may not always be receiving a direct benefit in respect of the same. Advice is therefore required, which is separate and independent to the main transaction.
James Goff is a specialist property lawyer with nearly 20 years’ experience.
His profile can be found here: https://www.keystonelaw.com/lawyers/james-goff