Clear, Independent Legal Advice When You Need It Most
INDEPENDENT LEGAL ADVICE (ILA)
Fast, practical legal advice for bridging loans, personal guarantees, business lending and property transactions.
WHAT IS INDEPENDENT LEGAL ADVICE?
Independent Legal Advice (ILA) is advice provided by a solicitor acting solely in your interests.
It ensures you fully understand the documents you are signing, the obligations you are undertaking and any risks involved before proceeding with a transaction.
WHEN IS INDEPENDENT LEGAL ADVICE REQUIRED?
WHEN IS INDEPENDENT LEGAL ADVICE REQUIRED?
WHEN IS INDEPENDENT LEGAL ADVICE REQUIRED?
Bridging Finance
Bridging Finance Many lenders require borrowers and guarantors to obtain Independent Legal Advice before completion.
Personal Guarantees
If you are guaranteeing a business loan or financial commitment, ILA helps ensure you understand the extent of your liability.
Business Lending
Commercial lenders frequently require directors and shareholders to receive independent advice before lending.
Property Transactions
Including Joint Borrower Sole Proprietor (JBSP) mortgages and Occupier Consent Forms.
HOW WE CAN HELP
WHEN IS INDEPENDENT LEGAL ADVICE REQUIRED?
WHEN IS INDEPENDENT LEGAL ADVICE REQUIRED?
Our team can assist with:
✓ Reviewing loan documentation
✓ Explaining legal obligations and risks
✓ Advising on personal guarantees
✓ Reviewing property security arrangements
✓ Liaising with lenders and brokers
✓ Managing the transaction through to completion
✓ Independent Legal Advice requirements
We focus on delivering clear, commercially practical advice without
unnecessary legal jargon.
WHY CHOOSE TRUEMAN BAILEY?
FAST APPOINTMENTS
We understand that many lending and property transactions are time sensitive.
CLIENT-FOCUSED ADVICE
We explain legal matters clearly and without unnecessary jargon.
EXPERIENCED LEGAL TEAM
Practical advice from experienced legal professionals.
NATIONWIDE SUPPORT
Supporting clients across England and Wales through remote and in-person appointments.
HAVE QUESTIONS ABOUT ILA?
We understand legal documents can feel overwhelming. Our role is to explain matters clearly, answer your questions and ensure you fully understand the implications before signing.
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Built around people, not tradition.