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approved by Ecology BS
Ready to buy a new home? Failing to check that a lawyer is on the Ecology BS 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 Ecology Building Society Conveyancing Panel? How can my firm be reinstated onto the Ecology Building Society Conveyancing Panel?
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Ecology Building Society Conveyancing Panel Recently Asked Questions
It has come to my attention via my financial adviser that my property lawyer is not on the Ecology Building Society Solicitor panel. How can I be sure that this is correct?
You need to contact your lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for Ecology Building Society.
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 Ecology Building Society will not agree to this. Why was Ecology Building Society even consulted?
Your lawyer being on the Ecology Building Society conveyancing panel is duty bound to inform Ecology Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Ecology Building Society then they would have to discontinue acting for you and Ecology Building Society.
Is it necessary during the course of the conveyancing process to visit the offices of the Ecology Building Society conveyancing panel solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in London so that I can attend their offices when needed.
Most conveyancing panel lawyers for Ecology Building Society undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.
We're in Birmingham, FTBs purchasing with a mortgage (lender is Ecology Building Society , but our lawyer is on the Ecology Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Ecology Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
Do the majority of 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 Ecology Building Society conveyancing panel requirements are different to Ecology Building Society’s conveyancing panel criteria.
I am selling my flat. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Ecology Building Society are being a right pain. The solicitor who is on the Ecology Building Society conveyancing panel is recommending indemnity insurance as a solution but Ecology Building Society are requiring a building regulation certificate. Why do Ecology Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Ecology Building Society have referred the matter to their valuer. The reason why Ecology 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.
I was told three weeks ago that my mortgage has been agreed to by Ecology Building Society. Is it usual for Ecology Building Society to only issue the offer once my solicitor is approved on their conveyancing panel?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Ecology Building Society to deal with your lawyers application to be on the Ecology Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.