Find a Law Firm
approved by Teachers BS
Ready to buy a new home? Failing to check that a lawyer is on the Teachers BS list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?Is my firm on the Teachers Building Society Conveyancing Panel? How does my firm apply to be on the Teachers Building Society Conveyancing Panel? How can my firm be reinstated onto the Teachers Building Society Conveyancing Panel?
Find an Approved Solicitor on the Teachers Building Society Conveyancing Panel
Teachers Building Society Solicitor Panel Sample Enquires to our Call Center
A conveyancer I had intended to instruct on a remortgage said he would charge more if my mortgage is with Teachers Building Society due to their difficult processes! Will I regret using Teachers Building Society? Is Teachers Building Society conveyancing so much more difficult?
Teachers 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 Teachers Building Society conveyancing panel. If they are not, this does add further risk of delay as Teachers Building Society will appoint their own solicitors to look after their interest.
Much to my surprise my property lawyer has informed me that he requires personal identification documents asserting that this forms part of his obligations as a solicitor on the Teachers Building Society Solicitor panel. Is this right?
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 Teachers Building Society your lawyer also has to check ID documents to satisfy Teachers Building Society
Your search tool is useful but there are many lawyers listed near Hackney on the Teachers Building Society conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for Teachers Building Society ?
We are not in the business of recommending one firm above another 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..
I was supposed to move into my dream home last Friday. My lawyer’s firm is on the Teachers Building Society solicitors panel but has changed address 8 weeks ago and had not informed Teachers Building Society of their new address. Teachers Building Society has locked down the release of mortgage funds as the information from the solicitors isn't correct.
This is a rare situation indeed. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Teachers Building Society branch or your mortgage broker to see if they can assist.
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Teachers 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 Teachers Building Society you will need to appoint a solicitor on the Teachers Building Society conveyancing panel.
The mortgage over my property is with Teachers Building Society. Conveyancing has been completed a year ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Teachers Building Society?
Teachers Building Society must be informed of your intention in advance of letting out your property as this is likely to be a breach of Teachers Building Society’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Teachers Building Society directly. It should not be necessary to do this via a Teachers Building Society conveyancing panel solicitor.
Completion of my purchase has taken place with a loan from Teachers Building Society. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about Teachers Building Society. How does one go about formally complaining?
Most lenders have complaints procedures. Your first point of contact should be one of the Teachers Building Society branches or the Customer Care Team at Teachers Building Society head office. We understand that complaints to Teachers 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.