Comprehensive Independent Legal Advice certificates for all your property and mortgage needs
Company directors are often asked by lenders to provide Personal Guarantees as security when their limited company seeks a loan or credit facility.
Legal advice for non-owning occupiers who need to consent to a mortgage or charge on a property they reside in.
Comprehensive advice for those considering releasing equity from their property through lifetime mortgages or home reversion plans.
Independent Legal Advice for Joint Borrower Sole Proprietor mortgages where not all borrowers are property owners.
Legal advice for transfers of property ownership, whether adding or removing parties from the title.
Advice for property owners whose property secures another person's debt obligations.
Submit an enquiry today and we will be in touch promptly to discuss your requirements.
Make an EnquiryMK ILA Ltd is not obligated to hold professional indemnity insurance that conforms to the SRA Minimum Terms and Conditions. The SRA mandates that firms under its regulation maintain compulsory minimum insurance levels to safeguard clients should issues arise, with a minimum coverage requirement of £2 million. As MK ILA Ltd operates outside SRA regulation, these requirements do not apply.
Nevertheless, despite not being required by the SRA to carry insurance, your work with MK ILA Ltd is protected by professional indemnity insurance provided through Kingsbridge Contractor Insurance, underwritten by Zurich. For further details regarding the extent and limits of this coverage, please contact us via email.
Since MK ILA Ltd is not under SRA regulation, clients are not eligible to make claims against the SRA Compensation Fund. This fund exists to assist individuals who have experienced financial loss due to services provided by an SRA-regulated person or firm in circumstances involving dishonesty by the adviser, or loss and hardship resulting from the adviser's failure to properly account for funds received, including situations where a regulated party fails to complete work for which payment has been made.
As MK ILA Ltd is not an SRA regulated law firm, you will not have the right to lodge a complaint with the Legal Ombudsman regarding MK ILA Ltd directly. However, if you have concerns about the service provided by the individual solicitor advising you, or matters relating to their professional conduct, you retain the right to raise a complaint with the Legal Ombudsman about that solicitor personally.