Find a Law Firm
approved by Stafford Railway BS

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

Find an Approved Solicitor on the Stafford Railway Building Society Conveyancing Panel

FAQs for the Stafford Railway Building Society Solicitor Panel

The lawyer I had intended to instruct on a remortgage said she will levy higher legal fees if my mortgage is with Stafford Railway Building Society because of their difficult processes! Will I regret using Stafford Railway Building Society? Any comments will be appreciated
Stafford Railway 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 Stafford Railway Building Society conveyancing panel. If they are not, this does add further risk of delay as Stafford Railway Building Society will appoint their own solicitors to look after their interest.
Our nephew is purchasing a house that has just been built with a home loan from Stafford Railway Building Society. His solicitor has said that there is a delay in receiving 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 involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Stafford Railway Building Society 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 Stafford Railway Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

I note that you have a search directory listing firms on the Stafford Railway Building Society conveyancing panel. Do firms pay you a referral fee if I retain them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Stafford Railway Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
My uncle passed away 10 months ago and as sole heir and executor was left the property. The house had a relatively small loan left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Stafford Railway Building Society , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Stafford Railway Building Society will insist on your using a conveyancer on the Stafford Railway Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Stafford Railway Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Stafford Railway Building Society mortgage is registered as a charge at the Land Registry.
I am about to exchange contracts on a purchase with a mortgage from Stafford Railway Building Society. The report from my solicitor mentions that Stafford Railway Building Society could withdraw their offer before completion. Is this right?
Lenders such as Stafford Railway Building Society can withdraw their mortgage offer although this is unusual. In the unlikely event that Stafford Railway Building Society withdraw their offer they may or may not inform you or the lawyer as to the reasons why. There are many potential reasons but here are 5 examples:
  • Many mortgage offers have an expiry date. Your lawyer should check this. Stafford Railway Building Society may amend or withdraw an offer before the end of its validation period if an offer extension is requested and following a re-evaluation of the property the value of the security is below a level which is acceptable to them.
  • If the financial circumstances of the borrower have changed to the detriment and the Stafford Railway Building Society has been notified
  • Amendments if purchase price adjusted and the loan to value limits exceeded by this. Please note that Stafford Railway Building Society conveyancing panel solicitors would be obliged to notify Stafford Railway Building Society of a change in the price of the property.
  • A cashback to the buyer, or | part of the price includes a non-cash incentive to the buyer (eg paid stamp duty land tax),or | any indirect incentive (cash or non cash) or rental guarantee, of which the lender was previously unaware
  • If the solicitor on the Stafford Railway Building Society conveyancing panel acting for the applicant, borrower, mortgagor or guarantor cannot comply with Stafford Railway Building Society ‘s instructions
I'm in the process of viewing houses and now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I I am planning to take a home loan with Stafford Railway Building Society
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with Stafford Railway Building Society , ask your prospective lawyers check they are on the Stafford Railway Building Society conveyancing panel otherwise they can't do the mortgage legal work.
After much negotiation I have agreed a price on an apartment. My financial adviser recommended their conveyancers I paid an upfront payment of 175. Soon after the conveyancers contacted me sheepishly admitting that they were not on the Stafford Railway Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Stafford Railway Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.