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approved by Hanley Economic Building Society
Ready to buy a new home? Failing to check that a lawyer is on the Hanley Economic Building Society list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?
How does my firm apply to be on the Hanley Economic Building Society Conveyancing Panel? How can my firm be reinstated onto the Hanley Economic Building Society Conveyancing Panel?Find an Approved Solicitor on the Hanley Economic Building Society Conveyancing Panel
Frequently asked questions relating to the Hanley Economic Building Society Conveyancing Panel
I have just been informed by my lender that my solicitor is not on the Hanley Economic Building Society Conveyancing panel. How can I check?
The best course of action for you to take is to contact your conveyancer. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the the approved Hanley Economic Building Society solicitor panel.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Hanley Economic Building Society will not agree to this. Why was Hanley Economic Building Society even consulted?
Your lawyer being on the Hanley Economic Building Society conveyancing panel is duty bound to inform Hanley Economic Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Hanley Economic Building Society then they would have to discontinue acting for you and Hanley Economic Building Society.
I am buying a property and need a conveyancing solicitor in Leeds who is on the Hanley Economic Building Society solicitor. Could you point me in the right direction as regards a solicitor?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Hanley Economic Building Society . We don’t recommend any particular firm.
I am considering applying for a Hanley Economic Building Society mortgage for purchase of a new build (under development) with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Hanley Economic Building Society?
There is nothing to stop you using your solicitor but Hanley Economic Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
When it comes to mortgage companies such as Hanley Economic Building Society do solicitors have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
How can we tell if a solicitor on the Hanley Economic Building Society panel is any good?
Getting recommendations is a sensible start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer carrying out your transaction
I have today made my last payment due on mortgage with Hanley Economic Building Society. I assume I don't need a solicitor on the Hanley Economic Building Society panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Hanley Economic Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Hanley Economic Building Society mortgage from the register. Hanley Economic Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the Hanley Economic Building Society has sent the Land Registry the discharge electronically, and
the Hanley Economic Building Society has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Hanley Economic Building Society mortgage has been paid off.