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approved by Marsden Building Society

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

Find an Approved Solicitor on the Marsden Building Society Conveyancing Panel

Marsden Building Society Solicitor Panel Recently Asked Questions

My mortgage broker has says he needs my solicitor’s panel reference for the Marsden Building Society conveyancing panel. How do I obtain this. I have e-mailed my local Marsden Building Society office but they don't know it.
Have you tried speaking to your lawyer about this?. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Marsden Building Society.
Our conveyancer has uncovered a legal deficiency with the lease for the flat we are purchasing. The seller’s lawyers have suggested defective title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor has advised that as he is on the Marsden Building Society conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or Marsden Building Society?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and Marsden Building Society are the client. A precondition to being on the Marsden Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Marsden Building Society). The CML Handbook conditions require your lawyer to disclose issues such as defects will the lease so that Marsden Building Society can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . 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.
I note that you have a post code search directory listing solicitors on the Marsden Building Society conveyancing panel. Do firms pay you a referral fee if I instruct them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Marsden Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am buying a terraced house and getting a mortgage with Marsden Building Society. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Marsden Building Society 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 Marsden Building Society conveyancing panel in your location.
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to proceed? I hope to get a mortgage with Marsden Building Society. Is there anyway to cut out the solicitors to save us both money? My dad reckons back in the day he did a lot of it himself, just went into the land registry office and providing them with the info they needed himself
If you are getting a mortgage with Marsden Building Society involved you will need to appoint a solicitor on the Marsden Building Society conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Marsden Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Marsden Building Society conveyancing panel.
My existing mortgage is with Marsden Building Society. My grandfather has just retired and wants to pay off the mortgage left on the property. After Marsden Building Society is paid, I want to transfer the property to my mother's name; How long does the process take? Do we need two separate solicitors on the Marsden Building Society conveyancing panel? I do not intend to live at the property once the Marsden Building Society mortgage is discharged.
Although you do need to retain the services of a lawyer they dont need to be on the Marsden Building Society panel. You will need a solicitor to draw up the transfer and to deal with the Land Registry formalities. The only thing you need to consider is that by selling at an undervalue so ask your lawyer about the implications. There could be an inheritance tax issue if you die within 7 years of this. As the property is your main residence you need not pay CGT but you should speak with your accountants in any event.
After much negotiation I have agreed a price on a house. My mortgage broker suggested a solicitor I paid an upfront payment of 150. Soon after the conveyancers contacted me to say that they were not on the Marsden Building Society 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 Marsden Building Society 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.