Find a Law Firm
approved by Mortgage Express
Ready to buy a new home? Failing to check that a lawyer is on the Mortgage Express list of approved solicitors can put your transaction at risk of delay or failure.
Find an Approved Solicitor on the Mortgage Express Conveyancing Panel
FAQs for the Mortgage Express (No 2) Solicitor Panel
My mortgage broker has has requested my solicitor’s panel reference for the Mortgage Express (No 2) conveyancing panel. Can you suggest how I find this out. I have e-mailed my local Mortgage Express (No 2) office but they don't know it.
Have you tried speaking to your lawyer about this?. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Mortgage Express (No 2).
My wife and I changing mortgage lender for our maisonette with Mortgage Express (No 2). We have a son approaching twenty who lives with us. The solicitor on the Mortgage Express (No 2) conveyancing panel requested us to identify anyone over the age of 17 other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the property is repossessed. I have two concerns (1) Is this document specific to the Mortgage Express (No 2) conveyancing panel as he did not need to sign this form when we remortgaged 3 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 Mortgage Express (No 2) .This is solely used to protect the Mortgage Express (No 2) 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 Mortgage Express (No 2) 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.
I am buying a property and require a conveyancing solicitor in Birmingham who is on the Mortgage Express (No 2) approved. Could you point me in the right direction as regards a conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Mortgage Express (No 2) . We don’t recommend any particular firm.
We're in London, First time buyers buying with a mortgage (lender is Mortgage Express (No 2) , but our solicitor is on the Mortgage Express (No 2) conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Mortgage Express (No 2) 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
Is the case that all CQS (Conveyancing Quality Scheme) solicitors on the Mortgage Express (No 2) conveyancing panel?
It is true that some banks and building societies now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however is 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 join their panels.
I previously instructed online conveyancers located in Cardiff who are on the Mortgage Express (No 2) solicitor panel. They have just invoiced me a separate fee of £195 for dealing with the Mortgage Express (No 2) mortgage. Is this a supplemental conveyancing fee specified by Mortgage Express (No 2)?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Mortgage Express (No 2) but by your lawyers. Some firms on the Mortgage Express (No 2) will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
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 Mortgage Express (No 2)?
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 Mortgage Express (No 2) 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 Mortgage Express (No 2) and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.