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approved by Coventry BS

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

Find an Approved Solicitor on the Coventry Building Society Conveyancing Panel

Coventry Building Society Conveyancing Panel Recently Asked Questions

I appointed a law firm to carry out on my remortgage 4 weeks ago having applied for a mortgage with Coventry Building Society. The law firm reassured me that they are on Coventry Building Society conveyancing panel and advised me their panel reference. Coventry Building Society then called me to say that their panel number was dormant and would need to be reactivated. What happens next? Do I instruct a different law firm listed on the conveyancing panel for Coventry Building Society?
You may be very frustrated with the lawyer but if it only go take a few more days they it may be worth waiting as, depending on how far progressed you are you may end up delaying the transaction by a number of weeks if you need to replace your solicitor You may wish to enlist the help of your broker to check with the Coventry Building Society as to the time frame to get your lawyer reinstated on the panel once again.
We are only a couple days away from an exchange and my mum and dad having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender Coventry Building Society. I am advised that, being on the Coventry Building Society conveyancing panel and acting on their behalf he must inform Coventry Building Society if the balance of the mortgage advance is coming from anyone other than me. I informed the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Coventry Building Society to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Coventry Building Society if you agree, failing which, your lawyer must cease to continue acting.
I have been searching for conveyancing quotes online. Can I be assured that all the firms that are identified on your website are on the Coventry Building Society conveyancing panel?
The law firms on our directory have assured us via an online form that they are on the Coventry Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Coventry Building Society panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Coventry Building Society conveyancing panel is incorrect.
The firm that just started acting on my house acquisition in London has without warning closed. They were on acting for me because I had to have a lawyer on the Coventry Building Society conveyancing panel and my preferred lawyer was not. I gave my credit card details for them to take £175 for searches. What do I do now?
If you have an estate agent involved then let them know immediately so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Coventry Building Society conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to assist
Can I be sure that the solicitor on the Coventry Building Society 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 advocate that you speak with the solicitor carrying out your conveyancing
Do most lenders 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 Coventry Building Society conveyancing panel requirements are different to Coventry Building Society’s conveyancing panel requirements.
Next month my fiance and I are buying a flat in Hendon. Conveyancing solicitors in Hendon are about to begiven the go-ahead. My colleaguesuggested that we make sure that the solicitor in Hendon is on the Coventry Building Society panel. Is this really necessary?
Far from all Hendon conveyancing solicitors are on the Coventry Building Society conveyancing panel. 7 people a month use our search tool to find a Hendon conveyancing lawyer on the on the Coventry Building Society panel.