This Deed of Guarantee and Indemnity (the Guarantee) is supplemental to the Mortgage between the Borrower and the Company relating to the Property, which incorporates the Conditions and the Mortgage Offer.
Deed of Guarantee Mortgage:
This Guarantee is supplemental to the Mortgage and incorporates the Mortgage Conditions. The Guarantor acknowledges receipt of the mortgage deed, the mortgage conditions, and the offer (as defined in the mortgage conditions) and confirms that he or she has read and understands them and is legally bound and obliged to repay the Mortgage, it is personal guarantee by the director of the company as the director is buying a property under his company name.
Deed of Guarantee and Indemnity is a separate obligation, which you agree to make good any losses or expenses which may incur if the Borrower fails to carry out any other obligations owed to the Lender under the Mortgage or if the Lender were unable to enforce any of the Borrower’s obligations under the Mortgage.
Why Choose Asher & Tomar Solicitors:
We have started this practice with the view to achieving the goal of client satisfaction through the highest quality of service, with an emphasis on speed and efficiency. After 15 years of working, we can proudly say that we are the best solicitors in London. The ultimate aim is to propel the firm to heights that will rank it amongst the best in its area of specialty and this is achieved through a “practical and down to earth” approach. We pride ourselves therefore to promote the best interests of our clients by ensuring that we create a reputation for high-quality work and maintain our professional integrity.
So should you wish to instruct a firm of Solicitors then do not hesitate to contact our expert team of Solicitors in London and Solicitors in Cardiff.