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Ready to buy a new home? Failing to check that a lawyer is on the Astra Mtgs list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the ASTRA mortgages Conveyancing Panel

ASTRA mortgages Solicitor Panel Example Support Desk Enquires

I am hoping to receive a mortgage offer from ASTRA mortgages. I intend to employ the services of a Licensed Conveyancer. Does the ASTRA mortgages Conveyancing panel include Licensed Conveyancers
ASTRA mortgages’s conveyancing panel is, like many other lenders represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Our god-son is purchasing a house that has just been built with a mortgage from ASTRA mortgages. His lawyer has advised him of 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 document 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 ASTRA mortgages conveyancing panel as a standard part of the process, and to the surveyor when asked.

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 ASTRA mortgages conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

Do all the firms listed on your directory have online case tracking as I understood that this was a condition of being on the ASTRA mortgages conveyancing panel?
No. There is no CML Part 2 or Building Society Association requirement relating to online case tracking. Some law firms operate such technology and some don't.
I am buying a garden flat and getting a mortgage with ASTRA mortgages. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the ASTRA mortgages conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the ASTRA mortgages conveyancing panel in your location.
Do conveyancing solicitors on the ASTRA mortgages conveyancing panel work on a no move no charge basis?
There is generally no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their package
Are all conveyancing solicitors on the ASTRA mortgages conveyancing panel regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the ASTRA mortgages conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
Do most banks operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the ASTRA mortgages conveyancing panel requirements are different to ASTRA mortgages’s conveyancing panel requirements.