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approved by Melton Mowbray BS
Ready to buy a new home? Failing to check that a lawyer is on the Melton Mowbray BS 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 Melton Mowbray Building Society Conveyancing Panel? How can my firm be reinstated onto the Melton Mowbray Building Society Conveyancing Panel?Find an Approved Solicitor on the Melton Mowbray Building Society Conveyancing Panel
Common questions asked concerning the Melton Mowbray Building Society Solicitor Panel
For what reasons could a firm of solicitors be excluded from the Melton Mowbray Building Society solicitor panel?
A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of law firms had been removed from a lender panel. The most common reasons in order are :
- lack of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction
- regulatory contact by SRA
- accidental removal. We are not aware of the specific or common criteria for removal by Melton Mowbray Building Society
Much to my surprise my conveyancer is asking me for ID documents asserting that this forms part of his legal duty as a solicitor on the Melton Mowbray Building Society Conveyancing panel. Am I being spun a yarn?
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 Melton Mowbray 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 Melton Mowbray Building Society CML Handbook requirements last updated on Melton Mowbray Building Society
I note that you have a post code search directory listing solicitors on the Melton Mowbray 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 Melton Mowbray Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I would like to get my ex-wife taken off the mortgage deeds. Can Melton Mowbray Building Society really insist on which solicitor I can or can not use?
You can use any solicitor you like but Melton Mowbray Building Society 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 Melton Mowbray Building Society solicitors panel
When it comes to mortgage companies such as Melton Mowbray Building Society do lawyers have to be pay a fee to be on the conveyancing panel?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Two weeks ago we had a mortgage agreed in principle with Melton Mowbray Building Society. Solicitors have been appointed? What is the average time that one could expect to receive a mortgage offer from Melton Mowbray Building Society?
Some lenders take longer than others. Have Melton Mowbray Building Society completed the survey? Have you advised Melton Mowbray Building Society as your lawyers details and checked that your lawyer is on the Melton Mowbray Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
My offer on house has been accepted, the seller does however have a dependent purchase. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties in the pipeline. My conveyancing solicitor has been instructed. What should be my next step? When should I get the mortgage app going with Melton Mowbray Building Society?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Melton Mowbray Building Society conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Melton Mowbray Building Society and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.