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approved by SuffolkBuildingSociety
Ready to buy a new home? Failing to check that a lawyer is on the SuffolkBuildingSociety list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?
How does my firm apply to be on the Suffolk Building Society Conveyancing Panel? How can my firm be reinstated onto the Suffolk Building Society Conveyancing Panel?Find an Approved Solicitor on the Suffolk Building Society Conveyancing Panel
Examples of recent questions relating to the Suffolk Building Society Solicitor Panel
My Conveyancer is not on the Suffolk Building Society Solicitor Panel. Can I still retain my family solicitor notwithstanding that they are excluded from the Suffolk Building Society approved list?
The most common options here are as follows:
- Carry on with your preferred solicitors but Suffolk Building Society will need to instruct a lawyer on the Suffolk Building Society conveyancing panel. This will result in additional cost and potential delay.
- Get a new solicitor to act in the purchase, obviously checking they are on the Suffolk Building Society conveyancing panel.
- Convince your lawyer to do everything within their powers to join the Suffolk Building Society conveyancing panel
Our son-in-law is about to exchange on a newly built flat with a home loan from Suffolk Building Society. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Suffolk Building Society conveyancing panel as a standard part of the process, and to the surveyor 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 Suffolk 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 have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Suffolk Building Society conveyancing panel. My lawyer has said that they are on the Suffolk Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Suffolk Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Suffolk Building Society solicitor panel.
I am considering remortgaging my home does my lawyer have to be on the Suffolk Building Society Solicitor panel?
In theory, you could use a solicitor that is not on Suffolk Building Society conveyancing panel, but Suffolk Building Society would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
We expect to receive a DIP from Suffolk Building Society this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Suffolk Building Society recommend a solicitor on the Suffolk 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 Suffolk Building Society conveyancing panel. The solicitor represents both you and the Suffolk Building Society through the process.
My brother and I have had an offer accepted on a flat I spoke to a conveyancer recommended by my dad and he suggested instructing a solicitor approved by Suffolk Building Society. The estate agent recommended two local firms so I asked Suffolk Building Society if the 2 suggested solicitors are approved, which they are not. Suffolk Building Society pointed out that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Suffolk Building Society '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 Suffolk Building Society for conveyancing panel firms in your area. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Suffolk Building Society 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 Suffolk Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet Suffolk Building Society’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.
Suffolk 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 Suffolk Building Society or your broker and complete any relevant paperwork. Suffolk Building Society will tell you what documents they want. Suffolk 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. Suffolk 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.