Find an Approved Solicitor on the Scottish Building Society
Common questions asked concerning the Scottish Building Society Conveyancing Panel
A lawyer I wanted to use for conveyancing on a remortgage said he would charge more if my lender is because of their unusual legal requirements. Will I regret using Scottish Building Society? Any comments will be appreciated
Scottish Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the Scottish Building Society conveyancing panel. If they are not, this does add further risk of delay as Scottish Building Society will appoint their own solicitors to look after their interest.
I do hope you can help me. My lawyer is informing me me that he has to apply for a Local Authority search stemming from the fact that the firm are on the Scottish Building Society approved lawyer panel. The searches cost a lot of money. Can this be avoided?
You have limited options available to you. As you are taking a mortgage with Scottish Building Society 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 Scottish Building Society’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Scottish Building Society. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
I see that you have a post code search directory identifying law firms on the Scottish Building Society conveyancing panel. Do firms pay you a referral fee if I appoint them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the Scottish Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am trying to get my ex-wife removed the mortgage deeds. Can Scottish Building Society really insist on which solicitor I can or can not instruct?
You can use any solicitor you like but Scottish Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Scottish Building Society solicitors panel
Can I be sure that the solicitor on the Scottish Building Society panel is any good?
Getting recommendations is a sensible 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 advocate that you speak with the lawyer handling your conveyancing
I currently have a mortgage with with Scottish Building Society. Conveyancing has been completed months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Scottish Building Society?
You must advise Scottish Building Society prior to letting out your property as this is likely to be a breach of Scottish Building Society’s mortgage conditions. It may be that Scottish Building Society will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Scottish Building Society directly. You need not do this via a Scottish Building Society conveyancing panel solicitor.
Can I register a complaint to Scottish Building Society about the lawyers being on the Scottish Building Society conveyancing panel?
There is little point in complaining directly to Scottish Building Society. All solicitors and conveyancer must have a complaints procedure. You can get information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is addressed by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.
Transfer of Equity for Scottish Building Society
Please note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors