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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?
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Q and A’s regarding the Suffolk Building Society Conveyancing Panel
I need to swap lawyers as my lawyer is not on the Suffolk Building Society panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
Our conveyancer has requested from me ID documents saying that this is part of his requirements as a conveyancer on the Suffolk Building Society Conveyancing panel. Am I being spun a yarn?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with Suffolk Building Society your lawyer also has to check ID documents to satisfy Suffolk Building Society
I am buying a house and require a conveyancing solicitor in Leeds who is on the Suffolk Building Society conveyancing. Could you point me in the right direction as regards a solicitor?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Suffolk Building Society . We don’t recommend any particular firm.
Please explain the implications if my solicitor is removed from the Suffolk Building Society Solicitor panel in advance of the moving date as agreed at exchange of contracts?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
We were going to get a DIP from Suffolk Building Society this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (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.
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Suffolk Building Society. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Suffolk Building Society you will need to appoint a solicitor on the Suffolk Building Society conveyancing panel.
I am selling my flat. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Suffolk Building Society are being pedantic. The solicitor who is on the Suffolk Building Society conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Suffolk Building Society are requiring a building regulation certificate. Why do Suffolk Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Suffolk Building Society have referred the matter to their valuer. The reason why Suffolk Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.