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approved by LendInvest
Ready to buy a new home? Failing to check that a lawyer is on the LendInvest 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 LendInvest Conveyancing Panel? How can my firm be reinstated onto the LendInvest Conveyancing Panel?
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Q and A’s regarding the LendInvest Solicitor Panel
I need to swap lawyers as my lawyer is not on the LendInvest panel of conveyancing solicitors. How easy is it to change conveyancer?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
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 LendInvest will not agree to this. Why was LendInvest even consulted?
Your lawyer being on the LendInvest conveyancing panel is duty bound to inform LendInvest of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to LendInvest then they would have to discontinue acting for you and LendInvest.
I am Googling for conveyancing quotes online. Can I be assured that all the law firms that are identified on your website are on the LendInvest conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the LendInvest panel and agreed to advise us to take down their listing in the event of removal off of the LendInvest panel. To date we have not been informed by either a bank or a member of the public that the data about a specific firm being on the LendInvest conveyancing panel is incorrect.
My solicitors in Birmingham have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with LendInvest. Is it case that being on the LendInvest conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender 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 LendInvest Conveyancing Panel Terms. It might be worth you contacting LendInvest directly.
My brother and I have agreed a price on a house I spoke to a lawyer recommended by my mum and he advised instructing a property lawyers approved by LendInvest. The estate agent recommended two local firms so I asked LendInvest if the 2 suggested solicitors are approved, which they are not. LendInvest pointed out that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of LendInvest 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask LendInvest 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 LendInvest 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 LendInvest conveyancing panel as it may only take about 2-3 weeks. As long as they meet LendInvest’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 husband and I are in the throws of viewing flats and now considering a potential offer. Should I already have a conveyancer appointed at this stage? I I am planning to take a home loan with LendInvest
It would be sensible to have your start your search soon rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with LendInvest , make sure you remember to check that your lawyer is on the LendInvest conveyancing panel.
After much negotiation I have agreed a price on an apartment. My financial adviser recommended their conveyancers I paid an upfront payment of 150. Soon after the conveyancers contacted me to say that they were not on the LendInvest conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the LendInvest panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.