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Ready to buy a new home? Failing to check that a lawyer is on the Metro Bank list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Metro Bank plc Conveyancing Panel? How can my firm be reinstated onto the Metro Bank plc Conveyancing Panel?Find an Approved Solicitor on the Metro Bank plc Conveyancing Panel
Metro Bank Conveyancing Panel : Questions and Answers
A solicitor my fiance and I had intended to instruct on a purchase said she will levy higher legal fees if my mortgage is with Metro Bank due to their difficult processes! Am I likely to be frustrated using Metro Bank? Any comments will be appreciated
Metro Bank conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the Metro Bank conveyancing panel. If they are not, this does add further risk of delay as Metro Bank will appoint their own solicitors to look after their interest.
I do hope you can help me. My lawyer is informing me me that she is duty-bound to apply for a Local Authority search because the firm are on the Metro Bank solicitor panel. Do I not have a choice here?
You have limited options available to you. As you are taking a mortgage with Metro Bank your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of Metro Bank’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Metro Bank. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
I have been looking for competitive conveyancing fees. Can I be sure that all the firms that are identified on your directory are on the Metro Bank conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the Metro Bank panel and agreed to advise us to take down their listing in the event of removal off of the Metro Bank panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Metro Bank conveyancing panel is incorrect.
I am trying to get my ex-husband removed the mortgage deeds. Can Metro Bank really tell me which solicitor I can or can not instruct?
You can use any solicitor you like but Metro Bank then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Metro Bank solicitors panel
Is there a list of Metro Bank panel solicitors on the Council of Mortgage Lender’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to move forward? I hope to get a mortgage with Metro Bank. Is there anyway to cut out the solicitors to save on the costs? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Metro Bank involved you will need to appoint a solicitor on the Metro Bank conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Metro Bank. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Metro Bank conveyancing panel.
Sometime soon me and my wife are taking a long lease of a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon are preferred to beinstructed. My brokersuggested that we check that the conveyancer in Hendon is on the Metro Bank list of approved conveyancing firms. Is this right?
A limited percentage of Hendon conveyancing practices are on the Metro Bank conveyancing panel. Click here to search for a Hendon conveyancing lawyer on the on the Metro Bank solicitors pane.
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