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approved by Birmingham Midshires
Ready to buy a new home? Failing to check that a lawyer is on the Birmingham Midshires 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 Birmingham Midshires Conveyancing Panel? How can my firm be reinstated onto the Birmingham Midshires Conveyancing Panel?Find an Approved Solicitor on the Birmingham Midshires Conveyancing Panel
Common questions asked concerning the Birmingham Midshires Solicitor Panel
On what basis would a firm of solicitors be removed from the Birmingham Midshires solicitor panel?
According to a recent survey report by the solicitors regulator three quarters of law firms had been removed from a lender panel. The top reasons in order are :
- Low volume of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction
- regulatory contact by SRA
- accidental removal. We are not aware of the specific or common criteria for removal by Birmingham Midshires
Our nephew is in the process of securing a new build apartment with a home loan from Birmingham Midshires. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Birmingham Midshires conveyancing panel as a standard part of the process, and to the surveyor when requested.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Birmingham Midshires conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am looking to buy a house and require a conveyancing solicitor in London who is on the Birmingham Midshires conveyancing. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Birmingham Midshires . We don’t recommend any particular firm.
The firm that I recently instructed on my purchase in Hendon has suddenly shut down. I only went with them because I needed a solicitor on the Birmingham Midshires conveyancing panel and my family lawyer was not. I gave them a cheque for £150 in advance. What are my options?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Birmingham Midshires conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist
When it comes to lenders such as Birmingham Midshires do lawyers 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.
In what circumstances might Birmingham Midshires amend or withdraw their mortgage offer?
Banks and Building Societies such as Birmingham Midshires can withdraw their mortgage offer although this is unusual. In the unlikely event that Birmingham Midshires withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are various possible reasons but here are a few examples:
- Birmingham Midshires may amend or withdraw an offer if the Birmingham Midshires conveyancing panel solicitor is unable to confirm compliance with any of the conditions of the mortgage offer or if any of the terms of the mortgage offer cannot be satisfied
- If the borrower informs Birmingham Midshires of a change in security address
- Amendments if purchase price adjusted and the loan to value limits exceeded by this. Please note that Birmingham Midshires conveyancing panel solicitors would be obliged to notify Birmingham Midshires of a change in the price of the property.
- Following advice from the valuer on their lender panel or If the lender has doubts about the effectiveness of the valuation as a result of subsequent events or information received post valuation but pre completion
- Where the lender has to take account a recent change in law
I had an offer accepted on a house on the 12th February 2014, valuation was booked 4 days after, received a clean bill of health. Solicitor appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Birmingham Midshires and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Birmingham Midshires conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Birmingham Midshires to deal with your lawyers application to be on the Birmingham Midshires conveyancing panel. There's no guarantee that your solicitors will be accepted.
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Transfer of Equity for Birmingham MidshiresPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors