17. Independent Legal Advice (ILA)

Independent Legal advice (ILA) - must be from an independent solicitor and is required for any applicant:

  • aged 60 years and older
  • of whom is a borrower of convenience (on loan, but not title and for owner occupied purpose only)
  • that does not speak or have the ability to understand English (ILA with interpreter\'s certificate).
  • Guarantor to a company or trust borrower.

Independent legal advice (ILA) is not able to be waived by Bluestone.