Joint borrowers sole proprietor mortgages – Independent Legal Advice

HSBC, Barclays and Santander (and perhaps more lenders) have a mortgage product called an “indirect mortgage” whereby two (or more) people will be named on the legal title however one person will only be named on the mortgage, or more than one person will be named on the mortgage and less will be named on the legal title.

As a result, the lender will require the person who is not being named on the mortgage to obtain independent legal advice by a solicitor to ensure that they have the consequences of entering into such an arrangement explained to them. They may also ask the borrower who is not being named on the title to obtain independent legal advice. The solicitor will then have to provide advice, witness signature(s) on the Indirect Mortgage Deed and sign a Certificate of Execution for the lender confirming who provided the advice and on what date etc.

In such circumstances, we can assist you, quite often on short notice.

We can also assist you with independent legal advice relating to Deeds of Consent / Letters of Postponement, Deeds of Postponement, personal guarantees for company loans, transfers of equity, adding debt onto your mortgage/consolidating debt/homeowner loans, equity release, second charges, bridging loans, transfer deeds, legal charges, statutory declarations and ID1s.

Please call us on 0207 183 0084 or email us on for details on our fees and to book a mutually convenient appointment.

We are Residential Conveyancing Specialists !

request quote

Ayesha Leslie, Partner
Ola Leslie Solicitors

We are conveyancing solicitors, bridging loan solicitors, new build solicitors, shared ownership solicitors, right to buy solicitors, remortgage solicitors, equity release solicitors and transfer of equity solicitors in Borough High Street, London Bridge, Southwark. Our office is close to Bermondsey, Surrey Quays, Canary Wharf, Tower Bridge, Westminster, Green Park, Hackney, Peckham, Camberwell, Kennington, Oval, Vauxhall and Victoria.