Find a Law Firm
approved by Foundation

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

Find an Approved Solicitor on the Foundation Home Loans Conveyancing Panel

Foundation Home loans Solicitor Panel Example Support Desk Enquires

It has come to my attention via my estate agent that my the law firm I have appointed is not on the Foundation Home loans Solicitor panel. What can I do to check?
The best course of action for you to take is to contact your lawyer directly. You lawyer should 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 Foundation Home loans.
Please assist. My lawyer is not to blame but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Foundation Home loans was date stamped random date and we have agreed a date for me to move into the property on 6 months + 3. My lawyer says that as she is on the Foundation Home loans conveyancing panel she needs to redo the searches as they are no longer valid.
One of the many conditions to being on the Foundation Home loans approved panel is to comply with the CML Handbook requirements (last updated for this lender on Foundation Home loans)which specifies that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Foundation Home loans.
I note that you have a post code search directory listing firms on the Foundation Home loans conveyancing panel. Do firms pay you a commission if I retain them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the Foundation Home loans conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am considering applying for a Foundation Home loans mortgage for purchase of a newly converted (under development) with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Foundation Home loans?
In theory, you could use a solicitor that is not on Foundation Home loans conveyancing panel, but Foundation Home loans 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 conveyancing matter.
Is the case that all CQS (Conveyancing Quality Scheme) solicitors on the Foundation Home loans conveyancing panel?
A selection of banks and building societies now use CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
It is not clear whether my mortgage offer requires a lease extension . I have called into my local branch Foundation Home loans on numerous occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Foundation Home loans conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
As long as the conveyancer is on the Foundation Home loans panel she or he must comply with the CML Handbook requirements for Foundation Home loans. Unless your lawyer obtains specific confirmation in writing that Foundation Home loans will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Foundation Home loans to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
I have instructed a lawyer having made sure that they are on the Foundation Home loans conveyancing panel. Does my lawyer arrange the survey of the property? Or I've digested plenty of house buying,I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my solicitor - who is on the Foundation Home loans conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Foundation Home loans will need an independent valuation of the property. Your lawyer will not arrange this. Usually Foundation Home loans will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller. or Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Foundation Home loans you could contact your them to see if they have a list of approved surveyors.