Find a Law Firm
approved by Precise Mtgs

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

Find an Approved Solicitor on the Precise Mortgages (Charter Court Financial Services Ltd) Conveyancing Panel

FAQs for the Precise Mortgages Conveyancing Panel

I am expecting a mortgage with Precise Mortgages. I would like to retain the legal services of a Licensed Conveyancer. Does the Precise Mortgages Solicitor panel include Licensed Conveyancers
Precise Mortgages’s conveyancing panel is, like many other lenders represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My grandson is purchasing a house that has just been built with a home loan from Precise Mortgages. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Precise Mortgages conveyancing panel as a standard part of the process, and to the valuer when requested.

The Developer will be required to start the process by downloading the form and completing it.

The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Precise Mortgages conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

I need to find a Precise Mortgages panel solicitor in Stirling. Can you assist?
Unfortunately it’s not apparent why you need a Precise Mortgages panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Precise Mortgages to find out which solicitors in Precise Mortgages are on their panel. If you do find such a firm not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site
The lawyers that I recently instructed on my purchase in Hendon has without warning shut down. I only went with them because I needed a firm on the Precise Mortgages conveyancing panel and my family lawyer was not. I gave them a cheque for £150 in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then let them know straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Precise Mortgages conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help
I previously instructed online conveyancers based in London who are on the Precise Mortgages solicitor panel. They have just invoiced me a separate fee of £195 for the legal aspects of the Precise Mortgages mortgage. Is this an additional conveyancing fee specified by Precise Mortgages?
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 Precise Mortgages but by your lawyers. Some firms on the Precise Mortgages will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
I have today made my last payment due on mortgage with Precise Mortgages. I assume I don't need a solicitor on the Precise Mortgages panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Precise Mortgages mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Precise Mortgages mortgage from the register. Precise Mortgages,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Precise Mortgages has sent the Land Registry the discharge electronically, and the Precise Mortgages has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Precise Mortgages mortgage has been paid off.
The for formalities of my remortgage has taken place with a loan from Precise Mortgages. Conveyancing was satisfactory but I would like to complain about Precise Mortgages. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the Precise Mortgages branches or the Customer Care Team at Precise Mortgages head office. Ordinarily complaints to Precise Mortgages are resolved effectively and efficiently. If you feel that the matter is not 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.