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approved by Furness BS
Ready to buy a new home? Failing to check that a lawyer is on the Furness BS list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?Is my firm on the Furness Building Society Conveyancing Panel? How does my firm apply to be on the Furness Building Society Conveyancing Panel? How can my firm be reinstated onto the Furness Building Society Conveyancing Panel?
Find an Approved Solicitor on the Furness Building Society Conveyancing Panel
Examples of recent questions relating to the Furness Building Society Solicitor Panel
My property lawyer is not listed on the Furness Building Society Approved Panel. Is it possible for me to retain my family solicitor even though they are excluded from the Furness Building Society approved list?
The most common options here are as follows:
- Carry on with your preferred lawyers but Furness Building Society will need to instruct a lawyer on the Furness Building Society conveyancing panel. This will result in additional cost and potential delay.
- Get a new solicitor to act in the purchase, obviously checking they are on the Furness Building Society conveyancing panel.
- Convince your lawyer to do everything within their powers to join the Furness Building Society conveyancing panel
We are only a couple days away from an exchange and my mum and dad having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender Furness Building Society. Apparently, being on the Furness Building Society conveyancing panel and acting on their behalf he must inform Furness Building Society if the balance of the mortgage advance is coming from anyone other than me. I disclosed to the bank about my parent’s contribution when I applied for the home loan so is it really necessary for him to raise this?
Your lawyer is obliged to check with Furness Building Society to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Furness Building Society if you agree, failing which, your lawyer must cease to continue acting.
I am purchasing a flat and need a conveyancing solicitor in Newcastle who is on the Furness Building Society solicitor. Could you point me in the right direction as regards a solicitor?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Furness Building Society . We don’t recommend any particular firm.
My uncle passed away six months ago and as sole heir and executor was left the house. The house had a relatively small loan left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Furness Building Society , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Furness Building Society will insist on your using a conveyancer on the Furness Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Furness Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Furness Building Society mortgage is registered as a charge at the Land Registry.
I previously instructed online conveyancers located in Manchester who are on the Furness Building Society solicitor panel. They are now charging me a separate fee of £135 for dealing with the Furness Building Society mortgage. Is this a supplemental conveyancing fee specified by Furness 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 Furness Building Society but by your lawyers. Some firms on the Furness Building Society will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
My fiance and I are in the process of looking at flats and am about to put in an offer. Is it premature to have a solicitor in place? I will be getting a home loan with Furness Building Society
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with Furness Building Society , make sure you remember to check that your lawyer is on the Furness Building Society conveyancing panel.
My offer on house has been accepted, the seller does however have a dependent purchase. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties in the pipeline. My conveyancing solicitor has been instructed. What do I do now? When should I get the mortgage app going with Furness Building Society?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Furness Building Society conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Furness Building Society and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.