Find a Law Firm
approved by MPoweredMortgages

Ready to buy a new home? Failing to check that a lawyer is on the MPoweredMortgages list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the MPowered Mortgages Conveyancing Panel

FAQs : The MPowered Mortgages Solicitor Panel

My mortgage broker has asked me for my lawyer’ panel reference for the MPowered Mortgages conveyancing panel. How do I find this out. I have called my local MPowered Mortgages office but they cant find it on their system.
the sensible thing to do is ask for this information from your solicitor. They should have a central record lender panel numbers including the MPowered Mortgages panel reference.
I do hope you can help me. My conveyancer is informing me me that she is duty-bound to apply for a Local Authority search stemming from the fact that the firm are on the MPowered Mortgages conveyancing panel. Is this really necessary?
Unfortunately both you and your lawyer have little choice here. As you are taking a mortgage with MPowered Mortgages your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of MPowered Mortgages’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated MPowered Mortgages. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
Are there any apps to help find a local solicitor on the MPowered Mortgages conveyancing panel? I have a car and am prepared to travel up to 20 miles to meet the conveyancer.
Feel free to make use of the find a conveyancing panel tool on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the MPowered Mortgages solicitor panel.
I am purchasing a semi-detached house and getting a mortgage with MPowered Mortgages. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the MPowered Mortgages conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the MPowered Mortgages conveyancing panel in your location.
I am buying a property where the roof has a solar panel. Solicitors conducting should look into this right? Will my lender MPowered Mortgages be concerned
Given that you are obtaining a mortgage with MPowered Mortgages your lawyer must to check the MPowered Mortgages conveyancing instructions contained in the Part of CML Handbook for MPowered Mortgages . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to MPowered Mortgages where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. The CML are developing guidance for Northern Ireland and Scotland.
I am about to exchange contracts on a purchase with a mortgage from MPowered Mortgages. The report from my solicitor mentions that MPowered Mortgages could withdraw their offer before completion. Is this right?
Lenders such as MPowered Mortgages can withdraw their mortgage offer although this rarely happens. In the unlikely event that MPowered Mortgages withdraw their offer they may or may not inform you or the lawyer as to the reasons why. There are many potential reasons but here are a number of examples:
  • Where information comes to MPowered Mortgages ‘s attention regarding the customers or the security that they were not aware of prior to offer that affects their original decision to lend
  • If the borrower informs MPowered Mortgages of a change in security address
  • A cashback to the buyer, or | part of the price includes a non-cash incentive to the buyer (eg paid stamp duty land tax),or | any indirect incentive (cash or non cash) or rental guarantee, of which the lender was previously unaware
  • Where the lender is on notice of a restriction or a right of pre-emption which is not at market value
  • If the lender reasonably suspects that the applicant, borrower, mortgagor or guarantor is involved in any criminal or fraudulent activity, including trading in illegal drugs or other substances, theft, robbery, deception or other serious offences, or if the applicant borrower, mortgagor or guarantor has a conviction for any serious criminal offence, including theft, deception, fraud, robbery or trade in illegal drugs or other substances;
I have instructed a lawyer having checked that they are on the MPowered Mortgages conveyancing panel. Does my lawyer arrange the survey of the property? Or Having read lots of house buying,I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my solicitor - who is on the MPowered Mortgages conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
MPowered Mortgages will need an independent valuation of the property. Your lawyer will not arrange this. Usually MPowered Mortgages 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 MPowered Mortgages you could contact your them to see if they have a list of approved surveyors.