Find an Approved Solicitor on the Bath Building Society
Dual Representation Solicitors
Bath Building Society does not operate a Conveyancing
Panel, but does allow certain lawyers to conduct dual
representation subject to meeting their criteria.
For the purposes of clarification, references on this page
to "conveyancing panel" mean the ability of your lawyer
represent both you and Bath Building Society in their capacity as
Sample Enquires to our Call Center
Is the fact that my solicitor is not isted on the Bath Building Society Conveyancing panel that there is a problem with the standard of her work?
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 most common reasons for removal are: (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 Bath Building Society.
I am purchasing a newly constructed apartment and my conveyancer is telling me that she has to reveal incentives from the seller as her firm is on the Bath Building Society conveyancing panel. The Estate Agents are hassling me to exchange and my preference is not to delay matters. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Bath Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Bath Building Society). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Your search tool is useful but there are many lawyers listed near Leeds on the Bath Building Society conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the Bath Building Society approved panel?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
My aunt passed away six months ago and as sole heir and executor was left the house. The house had a relatively small loan remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Bath Building Society , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Bath Building Society will insist on your using a conveyancer on the Bath Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Bath Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Bath Building Society mortgage is registered as a charge at the Land Registry.
We expect to receive a DIP from Bath Building Society 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 Bath Building Society recommend a solicitor on the Bath Building Society 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 Bath Building Society conveyancing panel. The solicitor represents both you and the Bath Building Society through the process.
For 5 years I had a mortgage with Bath Building Society. My uncle retired last week and wants to pay off my mortgage. After Bath Building Society is paid, I want to transfer the property to my mother's name; How long does the process take? Do we need two separate solicitors on the Bath Building Society conveyancing panel? I do not intend to live at the property once the Bath Building Society mortgage is discharged.
Although you do need to retain the services of a lawyer they dont
need to be on the Bath Building Society panel.
You will need a solicitor to draw up the transfer and
to deal with the Land Registry formalities. The only thing you need to
consider is that by selling at an undervalue so ask your lawyer about
the implications. There could be an inheritance tax issue if you die
within 7 years of this. There's no capital gains tax for you as it is
your main residence.
Bath Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Bath Building Society or your broker and complete any relevant paperwork. Bath Building Society will tell you what documents they want. Bath Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Bath Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.