“Advocates” don’t have documented income proof so won’t qualify for loans. Lawyers on retainers would also need 3 years of continuous income and tax return to qualify. While calculating your eligibility banks would take into account only 50% of your income. (As stated on tax return). You should expect to be approved for a serious home loan before you make T1 PA. In-house lawyers have no such issues.
Loan sharks are not going to give money to lawyers.
Giving loan to nirav modi type us 1 in a 100 business being fraud example. But legal professional has earned very badname in india this is not the case with uk or usa. People here threaten to sue for irrelevant or small dispute so to keep safe bank dont give loan
Loan sharks are not going to give money to lawyers.
Everyone will take last 3 years tax returns from you and use the income declared to calculate eligibility..