Find a Law Firm
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.

Find an Approved Solicitor on the Ecology Building Society Conveyancing Panel

Q and A’s regarding the Ecology Building Society Conveyancing Panel

Am I correct in assuming that the fact that my conveyancer is not isted on the Ecology Building Society Conveyancing panel that there is a problem with the quality of the firm’s work?
It would not be wise to jump to that conclusion. 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 top 3 reasons are as follows: (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 Ecology Building Society.
Please assist. My lawyer is not to blame but, my purchase conveyancing has been going on for months. The Local Authority Search from Ecology Building Society was dated random date and we have agreed a date for me to move into the property on 6. My lawyer informs me that as she is on the Ecology Building Society conveyancing panel she needs to redo the searches as they are no longer acceptable to the lender.
One of the many conditions to being on the Ecology Building Society approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Ecology Building Society)which states that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Ecology Building Society.
Is it necessary during the course of the conveyancing process to pop into the offices of the Ecology Building Society conveyancing panel solicitor to sign the legal charge? If so, I will choose one who does conveyancing in London so that I can pop in to their offices if necessary.
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.
The solicitors that just started acting on my house acquisition in Hendon has without warning closed. I only went with them because I had to have a solicitor on the Ecology Building Society conveyancing panel and my previous lawyer was not. I gave them a cheque for £150 in advance. What do I do now?
If you have an estate agent involved then inform them immediately so that they advise the vendors 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 will need to appoint new lawyers that are on the Ecology 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 lawyers may be able to help
I previously instructed online solicitors located in Bristol who are on the Ecology Building Society solicitor panel. They have just invoiced me a separate fee of £195 for the legal aspects of the Ecology Building Society mortgage. Is this a supplemental conveyancing fee specified by Ecology Building Society?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Ecology Building Society but by your lawyers. Some firms on the Ecology Building Society will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
We were going to get a DIP from Ecology Building Society this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Ecology Building Society recommend a solicitor on the Ecology Building Society conveyancing panel, or is it better to go independently
You will need to appoint solicitors independently although you'll need to choose one on the Ecology Building Society conveyancing panel. The solicitor represents both you and the Ecology Building Society through the process.
I have a mortgage with Ecology Building Society. My father retired last week and wants to pay off the mortgage left on the property. After Ecology Building Society is paid, I want to transfer the property to my mother's name; How long will it roughly take? Do we need two separate solicitors on the Ecology Building Society conveyancing panel? I do not intend to live at the property once the Ecology Building Society mortgage is discharged.
You will need a solicitor but they need not be on the Ecology Building Society conveyancing 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.