21 December 2023

Independent legal advice on the terms of a loan

Loan documents and calculator

Are you thinking of taking a loan from the Department for Education or another financial institution?

It is often a requirement, and in any event good practice, to take independent legal advice on the terms of that loan.

We can provide you with clear legal advice helping you to understand the terms of the loan and any related security documentation. We can assist with negotiating the terms of these documents with the lender.

We can explain to you:

  • The nature of the documents.

  • The nature of the financial risk to you.

  • The seriousness of the risks involved – what assets would be on the line?

  • Whether or not to negotiate certain terms with the lender.

Need help?

Contact Holly to discuss this further.

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