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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

Q and A’s regarding the Hanley Economic Building Society Conveyancing Panel

My IFA has says he needs my law firm’s panel member for the Hanley Economic Building Society conveyancing panel. What is the best way to find this out. I have e-mailed my local Hanley Economic Building Society office but they have not got back to me yet.
the sensible thing to do is ask for this information from your solicitor. They should have a central record lender panel numbers including the Hanley Economic Building Society panel reference.
Expecting to move into my new home next Monday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as he informs me that he is duty bound to validate that it is in order for Hanley Economic Building Society. What does the insurance need to cover?
Any lawyer on the Hanley Economic Building Society conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Hanley Economic Building Society’s Part 2 requirements of the CML Handbook (last updated on Hanley Economic Building Society). Being on the Hanley Economic Building Society conveyancing panel your lawyer is expect to follow these requirements.
Do all mortgage companies provide you with an approved list of solicitors? How do you know who is on the Hanley Economic Building Society conveyancing panel?
The firms themselves provide us confirmation that they are on the Hanley Economic Building Society conveyancing panel as opposed to being supplied with a list from Hanley Economic Building Society directly.
I am attempting to get my ex-husband taken off the mortgage deeds. Can Hanley Economic Building Society really tell me which solicitor I can or can not retain?
You can use any solicitor you like but Hanley Economic Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Hanley Economic Building Society solicitors panel
How can we tell if a solicitor on the Hanley Economic Building Society panel is any good?
seeking recommendations is a good starting point. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor conducting your conveyancing
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Hanley Economic Building Society. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Hanley Economic Building Society you will need to appoint a solicitor on the Hanley Economic Building Society conveyancing panel.
At last I have had an offer on an apartment accepted, but there is a chain. 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 should be my next step? At what point should I appy for the mortgage with Hanley Economic 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 Hanley Economic 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 Hanley Economic Building Society and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.