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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.

Find an Approved Solicitor on the Melton Mowbray Building Society Conveyancing Panel

Melton Mowbray Building Society Conveyancing Panel Sample Enquires to our Call Center

On what basis would a law firm be removed from the Melton Mowbray Building Society approved conveyancing panel?
A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of law firms had been excluded from a lender panel. The most common reasons in order are :
  1. lack of transactions
  2. the lawyer is a sole practitioner
  3. as part of the HSBC panel reduction
  4. regulatory contact by SRA
  5. accidental removal. We are not aware of the specific or common criteria for removal by Melton Mowbray Building Society
My solicitor has discovered an inconsistency when comparing the assumptions in Melton Mowbray Building Society’s home valuation report and what is revealed within the legal papers for the property. My solicitor says that as he is on the Melton Mowbray Building Society conveyancing panel he is duty bound to check that the bank is OK with this discrepancy and is content go ahead. Is my lawyer’s approach correct?
A precondition to being on the Melton Mowbray Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Melton Mowbray Building Society) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
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 retain them for my own house purchase?
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 am trying 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 retain?
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
Are all Conveyancing Quality Solicitors on the Melton Mowbray Building Society conveyancing panel?
It is true that some lenders now use the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
Do most banks operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Melton Mowbray Building Society conveyancing panel requirements are different to Melton Mowbray Building Society’s conveyancing panel requirements.
I am buying a property where the roof has a solar panel. Melton Mowbray Building Society have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Melton Mowbray Building Society your lawyer must to check the Melton Mowbray Building Society conveyancing instructions contained in the Part of CML Handbook for Melton Mowbray Building Society . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Melton Mowbray Building Society where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.