Find a Law Firm
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.
Looking for information about your firm's panel status?
How does my firm apply to be on the Keystone Property Finance Conveyancing Panel? How can my firm be reinstated onto the Keystone Property Finance Conveyancing Panel?Find an Approved Solicitor on the Keystone Property Finance Conveyancing Panel
Common questions asked concerning the Keystone Property Finance Solicitor Panel
I am hoping to receive a offer of a mortgage from Keystone Property Finance. I would like to employ the services of a Licensed Conveyancer. Does the Keystone Property Finance Conveyancing panel exclude Licensed Conveyancers
Keystone Property Finance’s conveyancing panel is, like many other lenders represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My conveyancer has identified a difference between the surveyor’s assumptions in Keystone Property Finance’s home valuation survey and what is revealed within the legal papers for the property. My lawyer says that as he is on the Keystone Property Finance conveyancing panel he is obliged to ensure that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s stance appropriate?
A precondition to being on the Keystone Property Finance approved panel is to comply with the CML Handbook requirements (last updated for this lender on Keystone Property Finance) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Is it necessary during the course of the conveyancing process to visit the offices of the Keystone Property Finance conveyancing panel solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Liverpool
so that I can pop in to their offices if necessary.
Most conveyancing panel lawyers for Keystone Property Finance undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.
I am buying a new build flat and getting a mortgage with Keystone Property Finance. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
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.
Are all solicitor practices on the Keystone Property Finance conveyancing panel overseen by the SRA?
As a firm of solicitors, in order to be on the Keystone Property Finance conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
Can I register a complaint to Keystone Property Finance about the lawyers being on the Keystone Property Finance conveyancing panel?
Complaining to Keystone Property Finance about their conveyancing panel is unlikely to yield much of a response. Every solicitor firm and conveyancer must have a complaints procedure. You can get information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is addressed by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.
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 Keystone Property Finance on various occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Keystone Property Finance 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
Your lawyer has to follow the CML Handbook Part 2 requirements for Keystone Property Finance. Unless your lawyer obtains specific confirmation in writing that Keystone Property Finance 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 Keystone Property Finance to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.