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approved by Market Harborough BS

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

Find an Approved Solicitor on the Market Harborough Building Society Conveyancing Panel

FAQs for the Market Harborough Building Society Conveyancing Panel

My husband and I are first time buyers. Within the last couple of days our conveyancer has forwarded the sale agreement to sign with a detailed report with a view to exchanging next week. Market Harborough Building Society have this evening contacted us to inform me that there is now an issue as our conveyancer is not on their approved list of lawyers. What do we do from here?
If you are buying a property with the assistance of a mortgage it is usual for the purchaser's solicitors to also act for the purchaser's lender.

In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyers should contact Market Harborough Building Society and see if they can apply for membership of the Market Harborough Building Society conveyancing panel, but if that is not viable Market Harborough Building Society will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the Market Harborough Building Society conveyancing panel as you are at liberty to use your preferred lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.

Our conveyancer has informed me that he requires proof of ID documents stating that this is part of his requirements as a conveyancer on the Market Harborough Building Society Conveyancing panel. This is news to me - can I refuse?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer is right that Market Harborough Building Society also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Market Harborough Building Society CML Handbook requirements last updated on Market Harborough Building Society
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Market Harborough Building Society conveyancing panel. My lawyer has said that they are on the Market Harborough Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Market Harborough Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Market Harborough Building Society solicitor panel.
My uncle passed away 10 months ago and as sole heir and executor was left the property. The house had a small mortgage left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Market Harborough Building Society , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then Market Harborough Building Society will insist on your using a conveyancer on the Market Harborough Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Market Harborough Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Market Harborough Building Society mortgage is registered as a charge at the Land Registry.
The mortgage over my property is with Market Harborough Building Society. Conveyancing was finalised 12 months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Market Harborough Building Society?
Market Harborough Building Society must be informed of your intention before renting your property as this is likely to be a breach of Market Harborough Building Society’s mortgage conditions. It may be that Market Harborough Building Society will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Market Harborough Building Society directly. It should not be necessary to do this via a Market Harborough Building Society conveyancing panel lawyer.
My offer was accepted on a property on the 7th February 2014, valuation was booked 4 days later, received a clean bill of health. Solicitor instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Market Harborough Building Society and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Market Harborough Building Society conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Market Harborough Building Society to deal with your lawyers application to be on the Market Harborough Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.
My brother and I are remortgaging a house in Hendon. Conveyancing solicitors in Hendon are about to beretained. My brokersuggested that we double-check that the property lawyer in Hendon is on the Market Harborough Building Society panel. Surely I don't need to do this, do I?
A limited percentage of Hendon conveyancing solicitors are on the Market Harborough Building Society conveyancing panel. Click here to search for a Hendon conveyancing lawyer on the on the Market Harborough Building Society solicitors pane.