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approved by Platform HL
Ready to buy a new home? Failing to check that a lawyer is on the Platform HL 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 Platform Home Loans Ltd Conveyancing Panel? How can my firm be reinstated onto the Platform Home Loans Ltd Conveyancing Panel?Find an Approved Solicitor on the Platform Home Loans Ltd Conveyancing Panel
Platform Home Loans Conveyancing Panel Recently Asked Questions
Is the fact that my conveyancer is not identified on the Platform Home Loans Conveyancing panel that there is a problem with the standard of his conveyancing?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 3 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for Platform Home Loans.
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 Platform Home Loans will not agree to this. Why was Platform Home Loans even consulted?
Your lawyer being on the Platform Home Loans conveyancing panel is duty bound to inform Platform Home Loans of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Platform Home Loans then they would have to discontinue acting for you and Platform Home Loans.
Are there any apps to help find a local solicitor on the Platform Home Loans conveyancing panel? I have a car and am prepared to travel up to 25 kilometers to meet the conveyancer.
Feel free to make use of the find a conveyancing panel tool on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Platform Home Loans solicitor panel.
I am considering applying for a Platform Home Loans mortgage for purchase of a new build (under development) with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Platform Home Loans?
In theory, you could use a solicitor that is not on Platform Home Loans conveyancing panel, but Platform Home Loans would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
When it comes to mortgage companies such as Platform Home Loans do lawyers 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.
We were going to get a DIP from Platform Home Loans this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Platform Home Loans recommend a solicitor on the Platform Home Loans conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Platform Home Loans conveyancing panel. The solicitor represents both you and the Platform Home Loans through the process.
Planning on purchasing a flat with a mortgage with Platform Home Loans. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Platform Home Loans 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 Platform Home Loans conveyancing panel
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Transfer of Equity for Platform Home LoansPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors