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approved by Hanley Economic Building Society

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

Find an Approved Solicitor on the Hanley Economic Building Society Conveyancing Panel

Hanley Economic Building Society Solicitor Panel Recently Asked Questions

My IFA has says he needs my lawyer’ panel reference for the Hanley Economic Building Society conveyancing panel. Can you suggest how I obtain this. I have called my local Hanley Economic Building Society branch but they cant find it on their system.
You are best placed to get this information from your conveyancing lawyer. They should have a central record lender panel numbers including the Hanley Economic Building Society panel reference.
Can you clarify something for me?. For no fault of my lawyer but, my purchase conveyancing has been going on for months. The Local Authority Search from Hanley Economic Building Society was date stamped random date and we have agreed a date for me to move into the property on 10 days inc Day of week eg. Mon. My solicitor says that as she is on the Hanley Economic Building Society conveyancing panel she needs to redo the searches as they are now out of date.
A precondition to being on the Hanley Economic Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Hanley Economic Building Society)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 Hanley Economic Building Society.
I see that you have a search directory listing firms on the Hanley Economic Building Society conveyancing panel. Do firms pay you a referral fee if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Hanley Economic Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I was scheduled to complete on my flat last Thursday. My solicitor is on the Hanley Economic Building Society solicitors panel but has changed address 8 weeks ago and had not advised Hanley Economic Building Society of their new address. Hanley Economic Building Society has locked down the release of mortgage funds as the information from the solicitors isn't correct.
This is as unusual as it is unlucky. Most 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 Hanley Economic Building Society branch or your mortgage broker to see if they can assist.
Do conveyancing solicitors on the Hanley Economic Building Society conveyancing panel work on a no sale no fee basis?
On the whole there are no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their package
I have agreed a price on a apartment I spoke to a conveyancer recommended by my uncle and he suggested instructing a law firm approved by Hanley Economic Building Society. The estate agent recommended two local firms so I asked Hanley Economic Building Society if the 2 suggested solicitors are approved, which they are not. Hanley Economic Building Society suggested that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Hanley Economic Building Society 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Hanley Economic Building Society for conveyancing panel firms in your area. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Hanley Economic Building Society conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Hanley Economic Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet Hanley Economic Building Society’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
My existing mortgage is with Hanley Economic Building Society. My godfather has just retired and wants to pay off the mortgage left on the property. After Hanley Economic Building Society is paid, I want to transfer the property to my mother's name; How long does the process take? Do we need two separate solicitors on the Hanley Economic Building Society conveyancing panel? I do not intend to live at the property once the Hanley Economic Building Society mortgage is discharged.
Although you do need to retain the services of a lawyer they dont need to be on the Hanley Economic Building Society 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. As the property is your main residence you need not pay CGT but you should speak with your accountants in any event.