I/we, the undersigned, expressly acknowledge the following:-

1. I/We am/are the abovenamed Borrower(s)/Chargor(s).
2. I/We am/are fully aware, and hereby acknowledge, that [name of rm of solicitors & address] (“the said Solicitors”) are solicitors acting only for the abovenamed Financier in the above loan documentation, and that the said Solicitors are NOT representing me/us in the matter; notwithstanding that they witness or attest my/our execution of the relevant documents, or that I/we have agreed to bear their fees on behalf of the Financier, or that they may be acting (or have acted) for me/us in any other related or unrelated matter.
3. I/We have been advised, and am/are fully aware, that I/we am/are at liberty to engage separate and independent legal representation in the matter.  However, I/we have chosen not to do so, while being fully aware that, should situations arise where the Financier’s interest is in conict with my/our interest, the said Solicitors’ duty would be owed to the Financier and not to me/us.
4. The contents of this acknowledgment have been explained to me/us and I/we fully understand the same.

* While all care has been taken to ensure information is accurate, the sample letter of acknowledgment is only intended as a guide.