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approved by Accord Mortgages
Ready to buy a new home? Failing to check that a lawyer is on the Accord Mortgages 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 Accord Mortgages Ltd Conveyancing Panel? How can my firm be reinstated onto the Accord Mortgages Ltd Conveyancing Panel?Find an Approved Solicitor on the Accord Mortgages Ltd Conveyancing Panel
Frequently asked questions relating to the Accord Mortgages Conveyancing Panel
It has come to my attention via my IFA that my property lawyer is not on the Accord Mortgages Solicitor panel. What can I do to be certain that this is indeed the case?
The first thing you need to do is to contact your conveyancer. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for Accord Mortgages.
Our conveyancer has identified a legal deficiency with the lease for the flat we are purchasing. The other side have offered title insurance as a workaround. We are content with insurance and will cover the costs. Our lawyer says that as he is on the Accord Mortgages conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or Accord Mortgages?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and Accord Mortgages are the client. A precondition to being on the Accord Mortgages approved panel is to comply with the CML Handbook requirements (last updated for this lender on Accord Mortgages). The CML Handbook conditions require your lawyer to disclose issues such as defects will the lease so that Accord Mortgages can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Do I need to have a meeting at the offices of the Accord Mortgages conveyancing panel solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Bristol
so that I can attend their offices when needed.
Most conveyancing panel lawyers for Accord Mortgages undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.
I was supposed to complete on my flat last Friday. My lawyer’s firm is on the Accord Mortgages solicitors panel but has changed address 8 weeks ago and had not informed Accord Mortgages of their new address. Accord Mortgages is now refusing to release my funds until such time as their systems are up to date with the correct details.
This is as unusual as it is unlucky. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Accord Mortgages branch or your mortgage broker to see if they can assist.
When it comes to mortgage companies such as Accord Mortgages do solicitors have to be pay a fee to be on the conveyancing panel?
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.
Two weeks ago we had a mortgage agreed in principle with Accord Mortgages. Solicitors have been appointed? What is the average time that one could expect to receive a mortgage offer from Accord Mortgages?
There is no definitive answer here. Have Accord Mortgages done the valuation? Have you advised Accord Mortgages as your lawyers details and checked that your lawyer is on the Accord Mortgages conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
I am buying a property where the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Accord Mortgages be concerned
Given that your lender is Accord Mortgages your lawyer must to check the Accord Mortgages conveyancing instructions contained in the Part of CML Handbook for Accord Mortgages . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Accord Mortgages where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. The CML are developing guidance for Northern Ireland and Scotland.
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Transfer of Equity for Accord MortgagesPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors