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approved by keystonePropertyFinance

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

Find an Approved Solicitor on the Keystone Property Finance Conveyancing Panel

Keystone Property Finance Solicitor Panel Recently Asked Questions

On what basis would a law firm be removed from the Keystone Property Finance approved conveyancing panel?
A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of law firms had been removed from a lender panel. The top reasons in order are :
  1. Low volume 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. We are not aware of the specific or common criteria for removal by Keystone Property Finance
Please assist. For no fault of my lawyer but, my purchase conveyancing has been going on for months. The Local Authority Search from Keystone Property Finance was dated random date and we have agreed a date for me to move into the property on 6 months + 3. My lawyer says that as she is on the Keystone Property Finance conveyancing panel she needs to redo the searches as they are no longer acceptable to the lender.
A precondition to being on the Keystone Property Finance approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Keystone Property Finance)which specifies that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Keystone Property Finance.
Are there any apps to help search for a local solicitor on the Keystone Property Finance conveyancing panel? I have a car and am prepared to travel up to 25 kilometers to meet the conveyancer.
Feel free to make use of the find a conveyancing panel tool on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Keystone Property Finance solicitor panel.
I am purchasing a garden flat and getting a mortgage with Keystone Property Finance. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Keystone Property Finance conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Keystone Property Finance conveyancing panel in your location.
I have today made my last payment due on mortgage with Keystone Property Finance. I assume I don't need a solicitor on the Keystone Property Finance panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Keystone Property Finance mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Keystone Property Finance mortgage from the register. Keystone Property Finance,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Keystone Property Finance has sent the Land Registry the discharge electronically, and the Keystone Property Finance has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Keystone Property Finance mortgage has been paid off.
I am currently in the process of buying my council flat. I have a mortgage agreed with Keystone Property Finance. Conveyancing is not something I have any knowledge of. 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 Keystone Property Finance you will need to appoint a solicitor on the Keystone Property Finance conveyancing panel.
Intending to buy a house with a mortgage with Keystone Property Finance. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Keystone Property Finance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Keystone Property Finance conveyancing panel