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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.
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How does my firm apply to be on the Hanley Economic Building Society Conveyancing Panel? How can my firm be reinstated onto the Hanley Economic Building Society Conveyancing Panel?Find an Approved Solicitor on the Hanley Economic Building Society Conveyancing Panel
Common questions asked concerning the Hanley Economic Building Society Solicitor Panel
The conveyancer my fiance and I had intended to instruct on a remortgage said he would charge more if my lender is due to their difficult processes! Will I regret using Hanley Economic Building Society? Is Hanley Economic Building Society conveyancing so much more difficult?
Hanley Economic Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the Hanley Economic Building Society conveyancing panel. If they are not, this does add further risk of delay as Hanley Economic Building Society will appoint their own solicitors to look after their interest.
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 Hanley Economic Building Society will not agree to this. Why was Hanley Economic Building Society even consulted?
Your lawyer being on the Hanley Economic Building Society conveyancing panel is duty bound to inform Hanley Economic Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Hanley Economic Building Society then they would have to discontinue acting for you and Hanley Economic Building Society.
Do all the firms listed on your directory have online case tracking as I understood that this was a condition of being on the Hanley Economic Building Society conveyancing panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
My lawyers in Leeds have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with Hanley Economic Building Society. Is it case that being on the Hanley Economic Building Society conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Hanley Economic Building Society Conveyancing Panel Terms. It might be worth you contacting Hanley Economic Building Society directly.
How can we tell if a solicitor on the Hanley Economic Building Society panel is any good?
seeking recommendations is a sensible 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 recommend that you speak with the solicitor conducting your conveyancing
Completion of my remortgage has taken place with a loan from Hanley Economic Building Society. Conveyancing was a necessary evil but I would like to complain about Hanley Economic Building Society. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the Hanley Economic Building Society branches or the Customer Services Team at Hanley Economic Building Society head office. We understand that complaints to Hanley Economic Building Society are sorted out very quickly. However if you are not satisfied that the matter is resolved you can write to the
Financial Ombudsman Service with full details of your complaint.
I am due to exchange contracts on my flat. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Hanley Economic Building Society are being difficult. The solicitor who is on the Hanley Economic Building Society conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Hanley Economic Building Society are insisting on a building regulation certificate. Why do Hanley Economic Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Hanley Economic Building Society have referred the matter to their valuer. The reason why Hanley Economic Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.