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approved by Platform HL

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

Find an Approved Solicitor on the Platform Home Loans Ltd Conveyancing Panel

Platform Home Loans Conveyancing Panel : Questions and Answers

Is the fact that my solicitor is not identified on the Platform Home Loans Solicitor panel that there is a problem with the quality of his work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 3 reasons are as follows: (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. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for Platform Home Loans.
My lawyer has identified an inconsistency between the surveyor’s assumptions in Platform Home Loans’s valuation report and what is revealed within the conveyancing documents. My solicitor has advised that as he is on the Platform Home Loans conveyancing panel he is duty bound to check that the lender is happy with this discrepancy and is still content to lend. Is my solicitor’s course or action appropriate?
A precondition to being on the Platform Home Loans approved panel is to comply with the CML Handbook requirements (last updated for this lender on Platform Home Loans) 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 you.
I am buying a flat and need a conveyancing solicitor in Birmingham who is on the Platform Home Loans approved. Can you recommend a local firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Platform Home Loans . We don’t recommend any particular firm.
I am mortgaging my flat does my lawyer have to be on the Platform Home Loans Solicitor panel?
In theory, you could use a solicitor that is not on Platform Home Loans conveyancing panel, but Platform Home Loans would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
When it comes to lenders such as Platform Home Loans do lawyers have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
is it true that all solicitor practices on the Platform Home Loans conveyancing panel overseen by the SRA?
As solicitors, in order to be on the Platform Home Loans conveyancing panel they would need to be regulated by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
How can we tell if a solicitor on the Platform Home Loans panel is any good?
Getting recommendations is a good start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer handling your transaction