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Mickleham Solicitor Certificate Lawyers

In recent years, the banking and finance industry has come under scrutiny for providing unsuitable loans to individuals that could not afford them.

In light of the recent changes already occurred, and still occurring, in the industry, the banking and finance sector have tended to mitigate their risk by requesting that the client receive independent legal advice regarding the suitability of the loan, as well as all fees, charges are repayments required by the client.

A Solicitor’s Certificate is essentially a legal acknowledgement that ensures all the parties involved in a loan transaction: the lender, borrower and guarantor are aware and agree with the terms and conditions of the contract. At Preston Lawyers, we offer Solicitors Certificates of Independent Legal Advice provided that all documentation have been provided to our team to review and all parties involved have been given legal advice regarding the nature and effect of the loan documents.