Find an Approved Solicitor on the Magellan Homeloans
Magellan Homeloans Conveyancing Panel Example Support Desk Enquires
I need to swap lawyers as my lawyer is not on the Magellan Homeloans panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
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.
I am purchasing a brand new duplex and my conveyancer is advising me that she is duty bound to disclose incentives from the builder as her firm is on the Magellan Homeloans conveyancing panel. I am nearing the developer’s deadline to sign contracts and I dont want to delay deal. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Magellan Homeloans approved panel is to comply with the CML Handbook requirements (last updated for this lender on Magellan Homeloans). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
How do I search for a local solicitor on the Magellan Homeloans conveyancing panel? I have a car and am prepared to travel up to 20 miles 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 Magellan Homeloans solicitor panel.
I am attempting to get my ex-wife removed the mortgage deeds. Can Magellan Homeloans really insist on which solicitor I can or can not use?
You can use any solicitor you like but Magellan Homeloans 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 Magellan Homeloans solicitors panel
Do most banks operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Magellan Homeloans conveyancing panel requirements are different to Magellan Homeloans’s conveyancing panel requirements.
I am currently in the process of buying my council flat. I have a mortgage agreed with Magellan Homeloans. 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 Magellan Homeloans you will need to appoint a solicitor on the Magellan Homeloans conveyancing panel.
Completion of my remortgage has taken place with a loan from Magellan Homeloans. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about Magellan Homeloans. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the Magellan Homeloans branches or the Customer Services Department at Magellan Homeloans head office. Ordinarily complaints to Magellan Homeloans are resolved effectively and efficiently. However if you are not satisfied that the matter is resolved you can write to the
Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
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Please note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors