Find an Approved Solicitor on the Scottish Building Society
FAQs : The Scottish Building Society Conveyancing Panel
My financial adviser has informed me that I have to pay Scottish Building Society fees should I instruct my family lawyer. How good are the Scottish Building Society conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and not exorbitantly priced. Are there any Scottish Building Society conveyancers you'd recommend?
Scottish Building Society’s conveyancing panel is substantial so it would be advisable to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Scottish Building Society will allow to act for them.
Our solicitor has identified a legal deficiency with the lease for the property we are purchasing. The other side have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor says that as he is on the Scottish Building Society conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or Scottish Building Society?
Just because you have a mortgage offer from Scottish Building Society does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Scottish Building Society are the client. These conveyancing instructions have to be complied with by the Scottish Building Society conveyancing panel who has to balance acting for you and Scottish Building Society
I am looking to buy a flat and require a conveyancing solicitor in who is on the Scottish Building Society conveyancing. Could you point me in the right direction as regards a firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Scottish Building Society . We don’t recommend any particular firm.
I am purchasing a new build flat and getting a mortgage with Scottish Building Society. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Scottish Building Society 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 Scottish Building Society conveyancing panel in your location.
We expect to receive a DIP from Scottish Building Society this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Scottish Building Society recommend a solicitor on the Scottish Building Society conveyancing panel, or is it better to go independently
You will need to appoint solicitors independently although you'll need to choose one on the Scottish Building Society conveyancing panel. The solicitor represents both you and the Scottish Building Society through the process.
I can not work out if my mortgage offer requires a lease extension . I have telephoned Scottish Building Society on numerous occasions and was told they are content with the situation and they would lend. My solicitor - who is on the Scottish Building Society conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
Your lawyer has to follow the CML Handbook Part 2 requirements for Scottish Building Society. Unless your lawyer obtains specific confirmation in writing that Scottish Building Society will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Scottish Building Society to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
Intending to buy a flat with a mortgage with Scottish Building Society. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Scottish Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Scottish Building Society conveyancing panel
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