Independent Legal Advice on Personal Guarantees

Clear, fast and independent advice without the jargon

If a bank, lender or landlord is asking you to take independent legal advice on a personal guarantee, you are being asked to put your personal assets at risk.

This page explains what that means in plain English and how NJB Legal can help you deal with it quickly, clearly and properly.

No scare tactics.
No over-complication.
Just honest legal advice you can use.

What Is a Personal Guarantee?

A personal guarantee is a legal promise that you will personally repay a debt if a business cannot.

If the guarantee is enforced, the lender may be able to pursue:

• Your personal savings
• Your home (in some cases)
• Other personal assets

Once signed, personal guarantees are difficult to unwind. That is why lenders usually insist on independent legal advice before they will proceed.

Why independent legal advice is required

Lenders require independent legal advice to ensure that:

• You understand the guarantee
• You are not being pressured into signing
• The risks have been clearly explained
• The adviser is acting only for you and not the lender

Without this advice, the guarantee may not be enforceable.

NJB Legal provides true independent advice, focused on protecting your interests, not the lender’s.

What NJB Legal actually does for you

Independent legal advice is not just a box-ticking exercise.

NJB Legal will:

• Explain the guarantee in plain English
• Confirm what you are personally liable for
• Identify key risks and exposure
• Answer your questions honestly
• Confirm whether the guarantee is limited or unlimited
• Advise whether amendments should be queried
• Provide the required solicitor’s certificate (where appropriate)

If something is unclear or unfair, it will be flagged clearly.

Common situations where advice is needed

NJB Legal regularly advises on personal guarantees connected with:

• Business loans and refinancing
• Commercial mortgages
• Lease guarantees for commercial premises
• Company borrowing and overdrafts
• Director guarantees
• Shareholder guarantees

Advice is proportionate to the transaction; not inflated unnecessarily.

Fast turnaround where timing matters

Personal guarantee advice is often needed quickly to avoid delaying a deal.

NJB Legal offers:

• Prompt, same day appointment availability, when possible
• Clear upfront pricing
• Efficient turnaround
• Straightforward communication

Where possible, matters are handled without delay and without unnecessary meetings.

Clear, fixed-fee advice

Where appropriate, personal guarantee advice is offered on a fixed-fee basis, agreed in advance.

No hidden extras.

No unexpected charges.

You will know the cost before any work begins.

Why clients choose NJB Legal

Clients choose NJB Legal because they want:

• Plain-English explanations
• Independent, balanced advice
• No pressure to “just sign”
• A solicitor who understands commercial reality

The focus is on helping you make an informed decision, not pushing paperwork through.

Speak to a Solicitor about a Personal Guarantee today

If you are being asked to sign a personal guarantee and need independent legal advice, NJB Legal can assist.

Enquiries are handled promptly and professionally, with clear guidance from the outset.