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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.
Looking for information about your firm's panel status?
How does my firm apply to be on the Precise Mortgages (Charter Court Financial Services Ltd) Conveyancing Panel? How can my firm be reinstated onto the Precise Mortgages (Charter Court Financial Services Ltd) Conveyancing Panel?Find an Approved Solicitor on the Precise Mortgages (Charter Court Financial Services Ltd) Conveyancing Panel
Frequently asked questions relating to the Precise Mortgages Solicitor 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 Conveyancing panel exclude conveyancers regulated by the CLC
Precise Mortgages’s approved solicitor list is, like many other lenders represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Precise Mortgages will not agree to this. Why was Precise Mortgages even consulted?
Your lawyer being on the Precise Mortgages conveyancing panel is duty bound to inform Precise Mortgages of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Precise Mortgages then they would have to discontinue acting for you and Precise Mortgages.
How do I find a local solicitor on the Precise Mortgages conveyancing panel? I have a car and am prepared to travel up to 10 miles to meet the conveyancer.
You can use the find a conveyancing panel search 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 Precise Mortgages solicitor panel.
We're in London, First time buyers purchasing with a mortgage (lender is Precise Mortgages , but our lawyer is on the Precise Mortgages conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Precise Mortgages 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
When it comes to mortgage companies such as Precise Mortgages 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.
I'm in the process of viewing houses and now considering a potential offer. Is it premature to have a solicitor in place? I intend to finance via a mortgage with Precise Mortgages
It would be sensible to have your start your search soon rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Precise Mortgages , ask your prospective lawyers check they are on the Precise Mortgages conveyancing panel otherwise they can't do the mortgage legal work.
Completion of my purchase has taken place with a loan from Precise Mortgages. Conveyancing was a necessary evil but I would like to complain about Precise Mortgages. How do I make a complaint?
All lenders 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. In most cases 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.
Other Topics
Transfer of Equity for Precise MortgagesPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors