Certificate of confirmation of advice (Explain morgage)
- or -
Post a project like this£150(approx. $188)
- Posted:
- Proposals: 4
- Remote
- #3038715
- OPPORTUNITY
- Expired
Description
Experience Level: Entry
My limited company has received an offer for a buy to let mortgage. The conveyancer's cannot act on my personal behalf as they act on behalf of my company so I need another lawyer to take me through the mortgage offer and confirm I understand the advice around being a guarantor and sign off as such.
E-mail from the limited company's legal team below.
"Hi Noel,
I have reviewed the mortgage offer and I am dealing with their mortgage conditions.
This offer requires you a Director to give a personal guarantee for the loan to the Company.
This will mean that you will have to instruct another firm of solicitors (local to you as you will have to see them unless they will handle this by Zoom) to advise you as the Director. We cannot do this as we act for the Company, which is a separate legal entity.
I attach the guarantee and the certificate that the Solicitor will have to give. When you have instructed a firm please let me know their contact details and I will send them a full copy of the offer so they can prepare and give the advice.
I will now prepare the mortgage offer letter to you and enclose the mortgage deed for signature.
If you have any questions then let me know and I can give you a call.
Kind regards
Suresh Nadkarni
Director/Solicitor"
E-mail from the limited company's legal team below.
"Hi Noel,
I have reviewed the mortgage offer and I am dealing with their mortgage conditions.
This offer requires you a Director to give a personal guarantee for the loan to the Company.
This will mean that you will have to instruct another firm of solicitors (local to you as you will have to see them unless they will handle this by Zoom) to advise you as the Director. We cannot do this as we act for the Company, which is a separate legal entity.
I attach the guarantee and the certificate that the Solicitor will have to give. When you have instructed a firm please let me know their contact details and I will send them a full copy of the offer so they can prepare and give the advice.
I will now prepare the mortgage offer letter to you and enclose the mortgage deed for signature.
If you have any questions then let me know and I can give you a call.
Kind regards
Suresh Nadkarni
Director/Solicitor"
Noel M.
99% (15)Projects Completed
18
Freelancers worked with
18
Projects awarded
43%
Last project
29 Nov 2021
United Kingdom
New Proposal
Login to your account and send a proposal now to get this project.
Log inClarification Board Ask a Question
-
There are no clarification messages.
We collect cookies to enable the proper functioning and security of our website, and to enhance your experience. By clicking on 'Accept All Cookies', you consent to the use of these cookies. You can change your 'Cookies Settings' at any time. For more information, please read ourCookie Policy
Cookie Settings
Accept All Cookies