Text for Report on Title
ROT: Personal Guarantor
- Change date
- 15/07/2019
- Word count
- 202
- Deployment measure
- 8/10
Rationale
Sets out the need for a Guarantor to take independent legal advice and the formalities that need to be followed
As you are aware, the loan is being taken in your name but with {specify name} as Guarantor. The lender requires as part of the conditions of the mortgage that {specify name} must get independent
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