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approved by St James Place

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

Find an Approved Solicitor on the St James Place Bank Conveyancing Panel

FAQs : The St James Place Conveyancing Panel

The conveyancer I wanted to use for conveyancing on a purchase said he will levy higher legal fees if my lender is because of their difficult processes! Am I likely to be frustrated using St James Place? Is St James Place conveyancing so much more difficult?
St James Place 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 St James Place conveyancing panel. If they are not, this does add further risk of delay as St James Place will appoint their own solicitors to look after their interest.
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 St James Place will not agree to this. Why was St James Place even consulted?
Your lawyer being on the St James Place conveyancing panel is duty bound to inform St James Place of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to St James Place then they would have to discontinue acting for you and St James Place.
Your search tool is useful but there are many lawyers listed near Middlesbrough on the St James Place conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the St James Place approved panel?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
The solicitors that I recently instructed on my purchase in Brighton has suddenly shut down. They were on acting for me because I needed a solicitor on the St James Place conveyancing panel and my previous lawyer was not. I gave them a cheque for £150 in advance. What are my options?
If you have an estate agent involved then let them know immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the St James Place 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 assist
I was thinking of purchasing my friend’s property. Once we agree a price, what’s the best way to move forward? I hope to get a mortgage with St James Place. Is it possible to avoid using solicitors to save on the costs? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with St James Place involved you will need to appoint a solicitor on the St James Place conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to St James Place. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the St James Place conveyancing panel.
My brother and I have had an offer accepted on a house I spoke to a lawyer recommended by my dad and he advised using a property lawyers approved by St James Place. The estate agent recommended two local firms so I asked St James Place if the 2 suggested solicitors are approved, which they are not. St James Place suggested that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of St James Place 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Enquire of St James Place for conveyancing panel firms in your area. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the St James Place conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto St James Place conveyancing panel as it may only take about 2-3 weeks. As long as they meet St James Place’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
St James Place have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up St James Place or your broker and complete any relevant paperwork. St James Place will tell you what documents they want. St James Place will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. St James Place will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.