Personal Guarantee Solicitors
Expert Legal Advice for Personal Guarantee
Personal Guarantee Legal Service
Lenders, landlords, or other credit-providers such as investors, often require third parties to loans they are giving, to provide a guarantee of the borrower’s obligations. This frequently arises with companies, whose directors may be required to give personal guarantees
This product is for our drafting to the specification we have been told is agreed, such a guarantee. This product does not include our involvement in the agreement of those terms.
Our product for advising on a Guarantee provided by someone else is Advice certification for Guarantors, Security givers, and occupiers or interested parties
How long will it take?
We don’t generally do anything for new clients until our process of client retention has concluded – this involves agreeing the scope of what we are doing for the price (our terms are below), setting-up our client record (that includes ID checks), and producing the bill (payment in advance is required for all new clients).
After that, the production of the advice and guarantee is a job that we can undertake in less than an hour once we can schedule it in our workflow, that can depend on how busy we are at any particular time. We would not usually take-on a job for which we could not engage within about a working week. Often the requirement for this advice is presented to us as being urgent (i.e. because people wait until the undertaking transactional context is almost complete before arranging this advice), so we are used to being asked to “kangaroo” these engagements into a day or two – that we do when we are able.
Money Matters
Personal Guarantee Drafting (£900)
We handle the entire lifecycle of your Personal Guarantee, beginning with a detailed consultation to establish your requirements. Our team manages the creation or scrutiny of the legal documentation and coordinates the formal signing process to ensure the security is validly executed. This service is billed as a professional fee plus VAT.
Your supplier is SRA-regulated Mounteney Solicitors, that charges VAT some customers may be able to reclaim.
There is more info about our fees here
If you have any questions, require any further information, or would like to engage us on the T&Cs linked Our Terms in the footer below, please don’t hesitate to Contact Us.
Contact our Personal Guarantee Solicitors
If you need a persona guarantee to be drafted, our Financial Solicitors is here to help you protect your interests. Signing a personal guarantee can have serious legal and financial consequences, so it is vital to get expert advice before committing.
As a leading firm of solicitors in Stockport, we explain exactly what your obligations will be, make sure the guarantee terms are fair and clear, and ensure that all documents meet legal requirements. We also offer truly independent legal advice where required by lenders, giving both you and the lender confidence that the guarantee is valid and enforceable.
You can get in touch by phone, submit an enquiry through our website or visit one of our offices in Bramhall, Cheadle, Hazel Grove or Heald Green. We advise clients across Stockport, Manchester and Cheshire, including Wilmslow, Altrincham, Knutsford and Didsbury, and we are always happy to offer remote appointments throughout England and Wales.
Contact Mounteney Solicitors today to discuss your personal guarantee and secure practical, reliable advice before you sign.
Other Services
Statutory Declaration
Escrow Service
FCA Authorised Appointed Representatives
