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Ready to buy a new home? Failing to check that a lawyer is on the Earl Shilton BS list of approved solicitors can put your transaction at risk of delay or failure.
Find an Approved Solicitor on the Earl Shilton Building Society Conveyancing Panel
Earl Shilton Building Society Conveyancing Panel : Questions and Answers
I would like to know the reason why all property lawyers aren't included on the Earl Shilton Building Society Solicitor panel?
As unjust as it may seem for Earl Shilton Building Society to restrict who can act for them from the public’s or solicitor’s point of view, the other side of the coin is that the lenders are becoming ever more anxious and feel the necessary need to protect them from mortgage fraud and other illegal activities. As a result of this concern Earl Shilton Building Society have restricted their panel of approved conveyancing lawyers to a size that they are happy to control. The Earl Shilton Building Society conveyancing panel is not the most difficult to join
My conveyancer has informed me that he requires identification documents saying that this forms part of his obligations as a conveyancer on the Earl Shilton Building Society Conveyancing panel. This is news to me - can I refuse?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with Earl Shilton Building Society your lawyer also has to check ID documents to satisfy Earl Shilton Building Society
I note that you have a search directory identifying solicitors on the Earl Shilton Building Society conveyancing panel. Do firms pay you a referral fee if I instruct them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the Earl Shilton Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am thinking of mortgaging my house does my lawyer need to be on the Earl Shilton Building Society Solicitor panel?
In theory, you could use a solicitor that is not on Earl Shilton Building Society conveyancing panel, but Earl Shilton Building Society 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.
Do the majority of 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 Earl Shilton Building Society conveyancing panel requirements are different to Earl Shilton Building Society’s conveyancing panel criteria.
I am selling my flat. I had a double glazing fitted in month 6 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Earl Shilton Building Society are being difficult. The solicitor who is on the Earl Shilton Building Society conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Earl Shilton Building Society are requiring a building regulation certificate. Why do Earl Shilton Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Earl Shilton Building Society have referred the matter to their valuer. The reason why Earl Shilton Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.
We are are remortgaging a garden flat in Hendon. Conveyancing solicitors in Hendon are preferred to begiven the go-ahead. My colleagueadvised that we double-check that the property lawyer in Hendon is on the Earl Shilton Building Society list of approved conveyancing firms. Aren't all lawyers on the Earl Shilton Building Society panel?
Far from all Hendon conveyancing solicitors are on the Earl Shilton Building Society conveyancing panel. Use the above search tool to find a Hendon conveyancing practitioner on the on the Earl Shilton Building Society approved list of lawyers.