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Tuesday 8:30am - 5:30pm Wednesday 8:30am - 5:30pm Thursday 8:30am - 5:30pm Friday 8:30am - 5:30pm

Parachute Law

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Parachute Law

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Affordable, effective legal advice just when you need it. Parachute Law delivers legal services with

A new breed of solicitors, Parachute Law bypasses the stuffiness of traditional law firms and gets straight to the heart of your legal conundrum. Transparent, pre-agreed charges for practical, no-nonsense legal advice affordable for small to medium businesses and individuals alike. Parachute Law is at the forefront of
the 'uberisation' of legal services,
forging a new path toward accessible
legal services.

16/10/2026

⚖️ Why do you need Independent Legal Advice (ILA) for a Director's Personal Guarantee?

Your business may be borrowing the money, but you could be personally responsible for repaying it.
When a lender asks you to sign a Director's Personal Guarantee, they will often require you to obtain Independent Legal Advice before signing.

But why is this important?
A personal guarantee is a legally binding commitment that could put your personal finances and assets at risk if your company cannot meet its financial obligations.

🔍 Independent Legal Advice helps you understand:
✅ Your legal obligations – What responsibilities are you personally accepting under the guarantee?
✅ The financial risks – What could happen if your company fails to repay the borrowing?
✅ The implications for your assets – Could your savings, property or other personal assets be at risk?
✅ The terms of the agreement – What exactly are you committing to before you sign?

💼 How can Parachute Law help?
At Parachute Law, our solicitors provide Independent Legal Advice on Director's Personal Guarantees, helping you understand the agreement, your responsibilities and the potential consequences.

💻 Need to arrange your ILA appointment?
Contact Parachute Law to discuss your lender's requirements and book your consultation.
🔗 https://www.parachutelaw.co.uk/director-guarantee

Understand your obligations. Know the risks. Make an informed decision.

15/10/2026

🏢 What is a Director's Personal Guarantee — and why might you be asked to sign one?
When a business applies for a loan, mortgage or other finance facility, a lender may ask a company director to provide a Personal Guarantee.

But what does that actually mean?

⚖️ A Director's Personal Guarantee is a legally binding commitment that can make you personally responsible for your company's borrowing if the business cannot repay its debts.
📌 When might a lender require one?
✅ Business loans – When your company is borrowing money to support its operations or growth.
✅ Commercial mortgages – When your business is securing finance for a property.
✅ Additional security – When a lender wants a director to personally guarantee the company's financial obligations.

⚠️ Why does this matter?
Signing a personal guarantee can put your own finances and assets at risk. It is important to understand the terms, extent of your liability and potential consequences before committing.

At Parachute Law, we provide Independent Legal Advice (ILA) on Director's Personal Guarantees, helping directors understand their obligations and the risks involved before signing.

💻 Has your lender asked you to obtain Independent Legal Advice?
Get in touch with Parachute Law to discuss your requirements and arrange an appointment.
🔗 https://www.parachutelaw.co.uk/director-guarantee

Protect your interests. Understand your obligations. Make an informed decision.

14/10/2026

⚖️ Director's Personal Guarantee: Do you know what you're signing?

Running a business often involves securing finance, but if your lender asks you to sign a Director's Personal Guarantee, it's important to understand what you're agreeing to.

A personal guarantee can make you personally liable for your company's debts if the business is unable to meet its financial obligations.

This means your personal finances and assets could be at risk, even though the borrowing is for your company.

🔍 Why is Independent Legal Advice (ILA) important?

Before signing, you may be required to obtain advice from an independent solicitor to ensure you understand:

✅ Your obligations – What responsibilities are you personally taking on?
✅ The financial risks – What could happen if your company cannot repay its borrowing?
✅ The terms of the guarantee – What are you agreeing to, and what could the consequences be?

At Parachute Law, we provide Independent Legal Advice on Director's Personal Guarantees, helping you understand the legal implications before making your decision.

💻 Need Independent Legal Advice before signing?
Get in touch with Parachute Law to discuss your requirements and arrange an appointment.
🔗 https://www.parachutelaw.co.uk/director-guarantee

Understand the risks. Know your obligations. Sign with confidence.

09/10/2026

🏡 **Helping someone get a mortgage without owning the property?**

A **Joint Borrower Sole Proprietor (JBSP) mortgage** allows someone, often a parent or family member, to support a mortgage application as a joint borrower without becoming a legal owner of the property.

But there's something important to understand: **you could be responsible for the mortgage repayments even though you don't own the property.**

⚖️ **That's why Independent Legal Advice (ILA) matters.**

Before signing, your mortgage lender may require you to obtain advice from an independent solicitor to ensure you understand:

✅ Your legal and financial obligations

✅ The risks of being responsible for a mortgage on a property you don't own

✅ The implications of entering into the mortgage agreement

**How can Parachute Law help?**

We provide Independent Legal Advice for Joint Borrower Sole Proprietor mortgages, including:

💻 Appointments via video conference, where accepted by your lender

📄 Advice tailored to your mortgage lender's requirements

💷 Fixed-fee appointments from **£275 including VAT** for the first borrower

📅 Appointments from the next working day, subject to availability

**Have you been asked to obtain Independent Legal Advice for a JBSP mortgage?**

Get in touch with Parachute Law to arrange your appointment and take the next step with confidence.

🔗 https://www.parachutelaw.co.uk/joint-borrower-sole-proprietor-mortgage-legal-advice

*Please check that your lender accepts video-conference advice before booking.*

07/10/2026

💬 What our clients have to say 💬

There’s nothing we value more than hearing that our clients have had a positive experience with our team. ⭐

From quick and hassle-free service to patient, professional support, we’re proud to make the legal process as straightforward and convenient as possible.

A big thank you to W.P. and R.A. for taking the time to share your kind words! 💜

Looking for friendly, professional legal support? Get in touch with Parachute Law today.

06/10/2026

🏠 Supporting a loved one to buy a home?

If you’re helping through a family-backed / JBSP mortgage with NatWest, independent legal advice is required if you’re not named on the property.

This ensures you clearly understand:

✅ Your legal responsibilities
✅ The risks involved
✅ What you’re agreeing to — before you sign

At Parachute Law, we provide clear, fully independent advice remotely, making the process straightforward and stress-free.

➡️ Need independent legal advice? Get in touch with our team today to book your appointment and scan the QR code to learn more!

Contact us directly or visit our website to arrange a consultation.

☎️ 02071834547
📩 [email protected]

05/10/2026

What is Independent Legal Advice - and why might you need it?
📢 Independent Legal Advice (ILA) is advice from a solicitor acting independently for you. It is designed to help you understand the legal document or transaction you are entering into, including your obligations and the potential risks, before you sign.

You may be asked to obtain ILA in connection with matters such as a mortgage, personal guarantee, occupier waiver or certain property transactions.

The purpose is simple: to make sure you understand what you are agreeing to and can make an informed decision before proceeding.

At Parachute Law, we regularly provide Independent Legal Advice for a range of property and lending matters.
✅ Understand your obligations
✅ Understand the risks
✅ Make an informed decision

Been told you need Independent Legal Advice? Get in touch with Parachute Law to find out how we can help.

02/10/2026

🏠 Selling or remortgaging your property?

The last thing you want is to discover an additional requirement when your transaction is
already underway.

If your Land Registry title contains a Form LL restriction, you may need solicitor verification
before the relevant transaction can be registered.

At Parachute Law, our Form LL Verification service allows you to complete your
verification through an online Zoom appointment.
✅ Solicitor verification
✅ Online appointment
✅ Convenient and straightforward

If you've been asked to arrange Form LL verification, you can find out more about our
service here:

https://www.parachutelaw.co.uk/form-ll-land-registry-restriction
Get your verification arranged and keep your property transaction moving.

01/10/2026

📢Form LL verification doesn't have to be complicated.

Here's what the process can look like:
✅ Book your appointment
Arrange your Form LL verification with a solicitor.

✅ Attend online
Your appointment can take place via Zoom.

✅ Complete the verification
The solicitor carries out the required identity verification.

✅ Receive the relevant certificate
The solicitor's certificate can then be used in connection with your property transaction.

Whether you're selling, remortgaging or transferring a property, it's worth arranging the
required verification early in the process.

Need Form LL verification?
Visit Parachute Law to find out more about the service.

30/09/2026

Need Form LL verification? Save this checklist.

Before your appointment, make sure you've checked:
✅ Your property title
Confirm that the relevant restriction appears on your title.

✅ Your identification
Have the identification documents required for your verification ready.

✅Your conveyancer's requirements
Check what they need from you and whether they require the completed solicitor's certificate as part of the transaction.

And most importantly ̶ don't leave the verification until the last minute if your sale or remortgage is already progressing.
Parachute Law provides Form LL Verification through an online solicitor appointment via Zoom.

- Selling?
- Remortgaging?
- Transferring property?

We can help with the verification step.

Address

27 Old Gloucester Street, Holborn
London
WC1N3AX

Opening Hours

Tuesday	8:30am - 5:30pm
Wednesday	8:30am - 5:30pm
Thursday	8:30am - 5:30pm
Friday	8:30am - 5:30pm

Telephone

+442071834547

Website

http://www.parachutelaw.co.uk/

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Contact The Business

Send a message to Parachute Law:

Nuevo Lawyers Ltd
Quadrant Court, 49 Calthorpe Road, Edgbaston, Birmingham

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