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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.
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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?Find an Approved Solicitor on the Ecology Building Society Conveyancing Panel
Ecology Building Society Conveyancing Panel Example Support Desk Enquires
My financial adviser has has requested my law firm’s panel member for the Ecology Building Society conveyancing panel. Can you suggest how I obtain this. I have called my local Ecology Building Society office but they have not responded to me.
You are best placed to get this information from your conveyancing lawyer. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Ecology Building Society.
My wife and I are refinancing our penthouse with Ecology Building Society. We have a son approaching twenty who lives with us. The solicitor on the Ecology Building Society conveyancing panel has asked us to disclose any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is forfeited by the lender. I have a couple of concerns (1) Is this form unique to the Ecology Building Society conveyancing panel as he never had to sign this form when we bought 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Ecology Building Society conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Ecology Building Society .This is solely used to protect the Ecology Building Society if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.
It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Ecology Building Society had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Ecology Building Society conveyancing panel. My lawyer has said that they are on the Ecology Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Ecology Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Ecology Building Society solicitor panel.
I was supposed to complete on my first house last Friday. My solicitor is on the Ecology Building Society solicitors panel but has moved offices in the past couple of months and had not advised Ecology Building Society of their new address. Ecology Building Society is now refusing to release my funds as the information from the solicitors isn't correct.
This is a rare situation indeed. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Ecology Building Society branch or your mortgage broker to see if they can help.
Are all Conveyancing Quality Solicitors on the Ecology Building Society conveyancing panel?
Some major lenders now use CQS as the starting point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of conveyancing solicitors.
I have today made my last payment due on mortgage with Ecology Building Society. I assume I don't need a solicitor on the Ecology Building Society panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Ecology Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Ecology Building Society mortgage from the register. Ecology Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the Ecology Building Society has sent the Land Registry the discharge electronically, and
the Ecology Building Society has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Ecology Building Society mortgage has been paid off.
We are are taking a long lease of a garden flat in Hendon. Conveyancing solicitors in Hendon will soon beinstructed. My fatherrecommended that we double-check that the conveyancing practitioner in Hendon is on the Ecology Building Society panel. Aren't all lawyers on the Ecology Building Society panel?
A limited percentage of Hendon conveyancing solicitors are on the Ecology Building Society conveyancing panel. Click here to find a Hendon conveyancing practitioner on the on the Ecology Building Society solicitors pane.