How It Works
We know our business and what we do, we are committed to a quality and efficient service.
Below is a breakdown of the process in general terms.
Initial Paperwork
Your lender will provide from a single letter to a full folio of paperwork required in relation to the ILA. This needs to come to us, normally via your conveyancer, prior to the set meeting.
What to Expect at the Meeting
You will be sent a list of paperwork and information required, normally original ID and proof of address which will need to be scanned to us prior to the meeting. The meeting will be an explanation of the purpose and consequences of signing the ILA, witness of your signature and comparing the scanned ID paperwork with the originals you will have.
Duel Representation
If there are two or more directors or parties needing to receive ILA, this can be arranged but it is imperative that each individual receiving the advice is on their own. This can be in the same meeting with others leaving the room, or in separate meetings (subject to a surcharge).
What Happens Next?
The signature(s) will be witnessed your end. We will sign and complete required information to satisfy the lenders requirements and sent via special delivery to either to you or (usually) direct to your conveyancer. You will both received scanned copies of the completed document(s).
What Transactions Qualify?
ILA is needed for several types of lending:
Purchases by Companies with Director Guarantees
Refinancing by Companies with Director Guarantees
Duel Borrower Single Proprietor Mortgages
Third Party / Family Member Guaranteed Mortgages
Property Gifts or Transfers at an Undervalue
"I can't say enough about the outstanding service I received from your company. You went above and beyond to meet our needs and exceeded our expectations."
Oliver Hartman