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

Stafford Railway Building Society Conveyancing Panel Example Support Desk Enquires

A conveyancer I had intended to instruct on a purchase said he will levy higher legal fees if my mortgage is with Stafford Railway Building Society because of their unusual legal requirements. Will I regret using Stafford Railway Building Society? Is Stafford Railway Building Society conveyancing so much more difficult?
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.
Expecting to move into my new home next Thursday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as he says that he has to check this in has capacity as lawyer for Stafford Railway Building Society. What risks do Stafford Railway Building Society expect the insurance to cover?
Any lawyer on the Stafford Railway Building Society conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Stafford Railway Building Society’s Part 2 requirements of the CML Handbook (last updated on Stafford Railway Building Society). Being on the Stafford Railway Building Society conveyancing panel your lawyer is expect to follow these instructions.
I see that you have a search directory listing firms on the Stafford Railway Building Society conveyancing panel. Do firms pay you a commission if I appoint them for my house purchase?
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 lawyers in Birmingham have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with Stafford Railway Building Society. Is it case that being on the Stafford Railway Building Society conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Stafford Railway Building Society Conveyancing Panel Terms. It might be worth you contacting Stafford Railway Building Society directly.
Completion of my purchase has taken place with a mortgage from Stafford Railway Building Society. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about Stafford Railway Building Society. How does one go about formally complaining?
Most banks and building societies have complaints procedures. Your first port of call should be one of the Stafford Railway Building Society branches or the Customer Services Department at Stafford Railway Building Society head office. In most cases complaints to Stafford Railway Building Society are sorted out effectively and efficiently. If you feel that the matter is not resolved you can write to the Financial Ombudsman Service who will take matters further.
I was told three weeks ago that my mortgage has been agreed to by Stafford Railway Building Society. Is it usual for Stafford Railway Building Society to only issue the offer once my solicitor is approved on their conveyancing panel?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Stafford Railway Building Society to deal with your lawyers application to be on the Stafford Railway Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.
Stafford Railway Building Society 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 Stafford Railway Building Society or your broker and complete any relevant paperwork. Stafford Railway Building Society will tell you what documents they want. Stafford Railway Building Society 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. Stafford Railway Building Society 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.