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approved by Bluestone Mortgages
Ready to buy a new home? Failing to check that a lawyer is on the Bluestone 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 Bluestone Mortgages Conveyancing Panel? How can my firm be reinstated onto the Bluestone Mortgages Conveyancing Panel?
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Bluestone Mortgages Conveyancing Panel Example Support Desk Enquires
I am getting a mortgage with Bluestone Mortgages. my intention is to instruct a Licensed Conveyancer. Does the Bluestone Mortgages Solicitor panel include Licensed Conveyancers
Bluestone Mortgages’s conveyancing panel is, like many other lenders associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
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 Bluestone Mortgages will not agree to this. Why was Bluestone Mortgages even consulted?
Your lawyer being on the Bluestone Mortgages conveyancing panel is duty bound to inform Bluestone Mortgages of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Bluestone Mortgages then they would have to discontinue acting for you and Bluestone Mortgages.
Are the lawyers identified as being on the Bluestone Mortgages conveyancing panel, together with their details provided by Bluestone Mortgages?
The firms themselves provide us confirmation that they are on the Bluestone Mortgages conveyancing panel as opposed to being supplied with a list from Bluestone Mortgages directly.
My lawyers in Manchester have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with Bluestone Mortgages. Is it case that being on the Bluestone Mortgages 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 Bluestone Mortgages Conveyancing Panel Terms. It might be worth you contacting Bluestone Mortgages directly.
Are all solicitors on the Bluestone Mortgages conveyancing panel overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Bluestone 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).
I previously instructed online solicitors based in London who are on the Bluestone Mortgages solicitor panel. They have just invoiced me a separate fee of £195 for the legal aspects of the Bluestone Mortgages mortgage. Is this an additional conveyancing fee specified by Bluestone Mortgages?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Bluestone Mortgages but by your lawyers. Some firms on the Bluestone Mortgages will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
Can I be sure that the solicitor on the Bluestone Mortgages panel is any good?
obtaining recommendations is a good starting point. 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 lawyer handling your transaction