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approved by moloFinanceBTL
Ready to buy a new home? Failing to check that a lawyer is on the moloFinanceBTL 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 Molo Finance Buy to Let Mortgages Conveyancing Panel? How can my firm be reinstated onto the Molo Finance Buy to Let Mortgages Conveyancing Panel?
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Q and A’s regarding the Molo Finance Buy to Let Solicitor Panel
Much to my surprise I have been told by my broker that my the law firm I have appointed is not on the Molo Finance Buy to Let Solicitor panel. What can I do to check?
The best course of action for you to take is to contact your conveyancer. You lawyer should advise you of the situation. If they are not on the panel they may recommend you to a firm that is on the conveyancing panel for Molo Finance Buy to Let.
Much to my surprise my lawyer is asking me for personal identification documents stating that this forms part of his obligations as a conveyancer on the Molo Finance Buy to Let Solicitor panel. This is news to me - can I refuse?
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 Molo Finance Buy to Let 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 Molo Finance Buy to Let CML Handbook requirements last updated on Molo Finance Buy to Let
I am purchasing a house and require a conveyancing solicitor in London who is on the Molo Finance Buy to Let conveyancing. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Molo Finance Buy to Let . We don’t recommend any particular firm.
I am attempting to get my ex-husband removed the mortgage deeds. Can Molo Finance Buy to Let really insist on which solicitor I can or can not use?
You can use any solicitor you like but Molo Finance Buy to Let 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 Molo Finance Buy to Let solicitors panel
Completion of my remortgage has taken place with a mortgage from Molo Finance Buy to Let. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about Molo Finance Buy to Let. How do I make a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the Molo Finance Buy to Let branches or the Customer Care Team at Molo Finance Buy to Let head office. We understand that complaints to Molo Finance Buy to Let are sorted out very quickly. However if you are not satisfied that the matter is resolved you can write to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I recently had an offer accepted on a house. My mortgage broker recommended their conveyancers I paid an upfront payment of 225. Soon after the conveyancers contacted me sheepishly admitting that they were not on the Molo Finance Buy to Let conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Molo Finance Buy to Let panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I have instructed a lawyer having checked that they are on the Molo Finance Buy to Let conveyancing panel. Does my lawyer arrange the survey of the property? Or Having read lots of house buying,I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my solicitor - who is on the Molo Finance Buy to Let conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Molo Finance Buy to Let will need an independent valuation of the property. Your lawyer will not arrange this. Usually Molo Finance Buy to Let will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller. or Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Molo Finance Buy to Let you could contact your them to see if they have a list of approved surveyors.