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approved by Masthaven

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

Find an Approved Solicitor on the Masthaven Bank Conveyancing Panel

Masthaven Bank Conveyancing Panel Recently Asked Questions

I instructed a law firm to carry out on my purchase six weeks ago having applied for a mortgage with Masthaven Bank. The firm assured me that they are on Masthaven Bank conveyancing panel and provided me their panel number. Masthaven Bank then called me to say that their panel number was dormant and would need to be reactivated. What do I do from here? Should I appoint a new solicitor currently on the approved panel for Masthaven Bank?
You may be very frustrated with the lawyer but if it only go take a few more days they it may be worth waiting as, depending on how far progressed you are you may end up delaying the transaction by a number of weeks if you need to replace your solicitor You may wish to enlist the help of your broker to check with the Masthaven Bank as to the time frame to get your lawyer reinstated on the panel once again.
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 Masthaven Bank will not agree to this. Why was Masthaven Bank even consulted?
Your lawyer being on the Masthaven Bank conveyancing panel is duty bound to inform Masthaven Bank of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Masthaven Bank then they would have to discontinue acting for you and Masthaven Bank.
I am purchasing a property and require a conveyancing solicitor in Liverpool who is on the Masthaven Bank solicitor. Could you point me in the right direction as regards a firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Masthaven Bank . We don’t recommend any particular firm.
I was supposed to complete on my dream home two days ago. My lawyer’s firm is on the Masthaven Bank conveyancing panel but has changed address in the past couple of months and had not informed Masthaven Bank of their new address. Masthaven Bank is now refusing to release my funds as the information from the solicitors isn't correct.
This is as unusual as it is unlucky. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Masthaven Bank branch or your mortgage broker to see if they can help.
Is there a list of Masthaven Bank panel solicitors on the Council of Mortgage Lender’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
Can I be sure that the solicitor on the Masthaven Bank panel is any good?
Getting recommendations is a good starting point. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor handling your transaction
We are getting a further advance on our mortgage from Masthaven Bank as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Masthaven Bank conveyancing panel to deal with the legals?
Masthaven Bank do not ordinarily appoint a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Masthaven Bank list