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Requirement to have legal advice when signing homeloan mortgage?

Charcd · 2017-01-15 19:41:18

Can anyone tell me if it is a legal requirement that a bank ensures that a person has received legal advice when signing a mortgage loan offer for a homeloan? Or is it just best practice? If so could i please be directed to the law or regulation. Thanks

15-01-2017 8:41pm

#1

Charcd

Registered Users Posts: 6 ✭

Join Date: April 2010

Posts: 4

Can anyone tell me if it is a legal requirement that a bank ensures that a person has received legal advice when signing a mortgage loan offer for a homeloan? Or is it just best practice?

If so could i please be directed to the law or regulation.

Thanks

0