Find a Law Firm
approved by
Ready to buy a new home? Failing to check that a lawyer is on the 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 MBS Lending Ltd Conveyancing Panel? How can my firm be reinstated onto the MBS Lending Ltd Conveyancing Panel?Find an Approved Solicitor on the MBS Lending Ltd Conveyancing Panel
FAQs : The MBS Lending Ltd Conveyancing Panel
My financial adviser has informed me that I have to pay MBS Lending Ltd fees should I instruct my family lawyer. How efficient are the MBS Lending Ltd conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH provided that they are good and not exorbitantly priced. Would you recommend a specific law firm on the MBS Lending Ltd panel?
MBS Lending Ltd’s conveyancing panel is pretty large so it would be advisable to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that MBS Lending Ltd will allow to act for them.
My fiance and I are refinancing our penthouse with MBS Lending Ltd. We have a son 19 who lives with us. The solicitor on the MBS Lending Ltd conveyancing panel has asked us to disclose any adults other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the property is forfeited by the lender. I have two concerns (1) Is this document specific to the MBS Lending Ltd conveyancing panel as he did not need to sign this form when we purchased 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to MBS Lending Ltd .This is solely used to protect the MBS Lending Ltd if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.
It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of MBS Lending Ltd had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Whilst your website is a good idea there are many lawyers listed near London on the MBS Lending Ltd conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for MBS Lending Ltd ?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
My solicitors in Newcastle have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with MBS Lending Ltd. Is it case that being on the MBS Lending Ltd conveyancing panel they need to have retained the file for a prescribed period?
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 MBS Lending Ltd Conveyancing Panel Terms. It might be worth you contacting MBS Lending Ltd directly.
Completion of my remortgage has taken place with a mortgage from MBS Lending Ltd. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about MBS Lending Ltd. 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 MBS Lending Ltd branches or the Customer Services Department at MBS Lending Ltd head office. Ordinarily complaints to MBS Lending Ltd are sorted out very quickly. If you feel that the matter is not resolved you can write to the
Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I am selling my flat. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, MBS Lending Ltd are being a right pain. The solicitor who is on the MBS Lending Ltd conveyancing panel is recommending indemnity insurance as a solution but MBS Lending Ltd are requiring a building regulation certificate. Why do MBS Lending Ltd have a conveyancing panel of they don’t accept advice from them?
It is probably the case that MBS Lending Ltd have referred the matter to their valuer. The reason why MBS Lending Ltd may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.
My offer was accepted on a property on the 12th January 2014, valuation was booked 2 days after, received a clean bill of health. Property lawyer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to MBS Lending Ltd and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the MBS Lending Ltd conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for MBS Lending Ltd to deal with your lawyers application to be on the MBS Lending Ltd conveyancing panel. There's no guarantee that your solicitors will be accepted.
Other Topics
Transfer of Equity for MBS Lending LtdPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors