Independent Legal Advice on Loan Documents More Than Just a Box-Ticking Exercise

Why Lenders Require It

Independent legal advice on loan documents isn’t about slowing you down or making you jump through hoops. It’s about protecting everyone involved:

• For lenders – it reduces the risk of later disputes and claims you didn’t understand the agreement.
• For you – it ensures you know exactly what you’re signing and what could happen if things don’t go to plan.

Lenders often make ILA compulsory in situations such as:

• Guaranteeing someone else’s loan (guarantor loans are a big one)
• Securing a loan against your property for another person’s benefit
• Business loans secured by personal property
• Refinances with high loan amounts or complex terms

Why It Matters Who You Choose

Not all law firms handle independent legal advice on loan documents. Some don’t have the experience, others don’t offer the service at all, and conveyancers aren’t legally allowed to provide it.

At Jaide Law, we’ve made this part of our bread-and-butter work. We understand that when you need ILA:

• You need it fast – lenders often want the certificate yesterday.
• You need it to be flexible – we can meet in person or give advice virtually so you don’t lose unnecessary time.
• You need it to be clear – no legal jargon, just plain English explanations of your loan obligations and risks.

Our Process (Fast, Simple, and Stress-Free)

1. We review the loan documents – including any guarantee or mortgage terms.
2. We explain your obligations and risks in a way that actually makes sense.
3. We answer your questions – no matter how small.
4. We issue the solicitor’s certificate to your lender, quickly.

Why It’s Worth Doing Properly

Yes, it’s an extra cost. But compared to the financial and personal fallout of signing something you didn’t fully understand, it’s a small investment in peace of mind.

If you’re signing as a guarantor or entering into a high-risk loan, independent legal advice could be the one thing that stops a stressful situation from becoming financially devastating.

Independent Legal Advice in Sydney – We’re Ready When You Are

If you’ve been told you need independent legal advice on loan documents in Sydney, guarantor legal advice, or a solicitor’s certificate, Jaide Law can help. We act quickly, explain things clearly, and adapt to your schedule, whether that means a coffee table meeting or a Zoom call.

And because we handle this work regularly, we know how to make the process efficient, straightforward, and stress-free.

Disclaimer – We know most of you get this, but just to be clear, the information above is general and doesn’t consider your unique situation. Please don’t rely on it as a substitute for professional advice. We strongly encourage you to seek appropriate guidance for your specific needs.