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Ready to buy a new home? Failing to check that a lawyer is on the Intelligent Finance 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 Intelligent Finance Conveyancing Panel? How can my firm be reinstated onto the Intelligent Finance Conveyancing Panel?Find an Approved Solicitor on the Intelligent Finance Conveyancing Panel
Intelligent Finance Conveyancing Panel Recently Asked Questions
My IFA has says he needs my law firm’s panel member for the Intelligent Finance conveyancing panel. Can you suggest how I find this out. I have e-mailed my local Intelligent Finance branch but they have not responded to me.
You are best placed to get this information from your conveyancing lawyer. They should have a central record lender panel numbers including the Intelligent Finance panel reference.
Can you clarify something for me?. For no fault of my lawyer but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Intelligent Finance was date stamped random date and we have agreed a date for me to move into the property on 6 months + 3. My solicitor has advised that as she is on the Intelligent Finance conveyancing panel she needs to reorder the searches as they are now out of date.
A precondition to being on the Intelligent Finance approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Intelligent Finance)which states that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Intelligent Finance.
I need to find a Intelligent Finance panel solicitor in Inverness. Can you assist?
It is not clear why you need a Intelligent Finance panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Intelligent Finance to find out which solicitors in Intelligent Finance are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
My lawyers in London have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with Intelligent Finance. Is it case that being on the Intelligent Finance conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Intelligent Finance Conveyancing Panel Terms. It might be worth you contacting Intelligent Finance directly.
Can I be sure that the solicitor on the Intelligent Finance panel is any good?
obtaining recommendations is a good 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 advise that you speak with the solicitor handling your conveyancing
We are getting a further advance on our mortgage from Intelligent Finance as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Intelligent Finance conveyancing panel to deal with the legals?
Intelligent Finance would not normally appoint a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Intelligent Finance panel
Intending to buy a house with a mortgage with Intelligent Finance. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Intelligent Finance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Intelligent Finance conveyancing panel
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