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approved by GenerationHome

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

Find an Approved Solicitor on the Generation Home Conveyancing Panel

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Is the fact that my conveyancer is not identified on the Generation Home Conveyancing panel that there is a problem with the quality of the firm’s conveyancing?
That would more than likely be a wrong assumption to make. 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 most common reasons for removal are: (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 Generation Home.
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 Generation Home will not agree to this. Why was Generation Home even consulted?
Your lawyer being on the Generation Home conveyancing panel is duty bound to inform Generation Home of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Generation Home then they would have to discontinue acting for you and Generation Home.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Generation Home conveyancing panel. My lawyer has said that they are on the Generation Home 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 Generation Home 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 Generation Home solicitor panel.
I was expecting to complete on my flat yesterday. My lawyer’s firm is on the Generation Home solicitors panel but has changed address 8 weeks ago and had not advised Generation Home of their new address. Generation Home is now refusing to release my funds as the information from the solicitors isn't correct.
This is as unusual as it is unlucky. 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 Generation Home branch or your mortgage broker to see if they can assist.
We have a mortgage agreed in principle with Generation Home. Solicitors have been appointed? What is the average time that one could expect to receive a mortgage offer from Generation Home?
Some lenders take longer than others. Have Generation Home completed the valuation? Have you advised Generation Home as your lawyers details and checked that your lawyer is on the Generation Home conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
We were going to get a DIP from Generation Home this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Generation Home recommend a solicitor on the Generation Home conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Generation Home conveyancing panel. The solicitor represents both you and the Generation Home through the process.
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date . I have called into my local branch Generation Home on various occasions and was told they are content with the situation and they would lend. My solicitor - who is on the Generation Home conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. I simply dont know who is right
As long as the conveyancer is on the Generation Home panel she or he must comply with the CML Handbook requirements for Generation Home. Unless your lawyer obtains specific confirmation in writing that Generation Home 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 Generation Home to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.