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approved by Metro Bank
Ready to buy a new home? Failing to check that a lawyer is on the Metro Bank 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 Metro Bank plc Conveyancing Panel? How can my firm be reinstated onto the Metro Bank plc Conveyancing Panel?
Find an Approved Solicitor on the Metro Bank plc Conveyancing Panel
FAQs : The Metro Bank Conveyancing Panel
I am expecting a mortgage with Metro Bank. I would like to enlist the help of a Licensed Conveyancer. Does the Metro Bank Conveyancing panel include conveyancers regulated by the CLC
Metro Bank’s conveyancing panel is, like many other lenders represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Can you help?. My lawyer is not to blame but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Metro Bank was dated random date and we have agreed a date for me to move into the property on 6 months + 3. My solicitor informs me that as she is on the Metro Bank conveyancing panel she needs to reorder the searches as they are now out of date.
A precondition to being on the Metro Bank approved panel is to comply with the CML Handbook requirements (last updated for this lender on Metro Bank)which states that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Metro Bank.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Metro Bank conveyancing panel. My lawyer has said that they are on the Metro Bank approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Metro Bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Metro Bank solicitor panel.
We're in Birmingham, First timers buying with a mortgage (lender is Metro Bank , but our solicitor is on the Metro Bank conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Metro Bank conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
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 Metro Bank conveyancing panel requirements are different to Metro Bank’s conveyancing panel requirements.
My wife and I have arranged a further advance on our mortgage from Metro Bank as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Metro Bank conveyancing panel to deal with the paperwork?
Metro Bank do not ordinarily instruct firms on their conveyancing panel 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 Metro Bank list
We were going to get a DIP from Metro Bank this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Metro Bank recommend a solicitor on the Metro Bank conveyancing panel, or is it better to go independently
You will need to appoint solicitors independently although you'll need to choose one on the Metro Bank conveyancing panel. The solicitor represents both you and the Metro Bank through the process.