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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.

Find an Approved Solicitor on the Teachers Building Society Conveyancing Panel

Teachers Building Society Conveyancing Panel Recently Asked Questions

My lawyer has never been on on the Teachers Building Society Approved Panel. Can I still use my family solicitor notwithstanding that they are excluded from the Teachers Building Society list of approved lawyers?
The most common options here are as follows:
  1. Carry on with your preferred solicitors but Teachers Building Society will need to instruct a lawyer on the Teachers Building Society conveyancing panel. This will result in additional cost and potential delay.
  2. Get a new solicitor to act in the purchase, obviously checking they are on the Teachers Building Society conveyancing panel.
  3. Convince your lawyer to do everything within their powers to join the Teachers Building Society conveyancing panel
My lawyer has spotted a discrepancy between the surveyor’s assumptions in Teachers Building Society’s valuation survey and what is in the legal papers for the property. My lawyer says that as he is on the Teachers Building Society conveyancing panel he is obliged to check that the lender is OK with this discrepancy and is content go ahead. Is my solicitor’s approach legitimate?
A precondition to being on the Teachers Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Teachers Building Society) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Do all the firms listed on your directory have online case tracking as I understood that this was a condition of being on the Teachers Building Society conveyancing panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
I am purchasing a right to buy flat and getting a mortgage with Teachers Building Society. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Teachers Building Society conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Teachers Building Society conveyancing panel in your location.
When it comes to lenders such as Teachers Building Society do solicitors have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Last month we had a mortgage agreed in principle with Teachers Building Society. Solicitors have been instructed? How long does it take for Teachers Building Society to send the offer to our conveyancer
Some lenders take longer than others. Have Teachers Building Society conducted the survey? Have you advised Teachers Building Society as your lawyers details and checked that your lawyer is on the Teachers Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
Me and my partner are taking a long lease of a garden flat in Hendon. Conveyancing solicitors in Hendon need to beretained. My agentadvised that we make sure that the conveyancer in Hendon is on the Teachers Building Society approved list of lawyers. Is this really necessary?
Far from all Hendon conveyancing solicitors are on the Teachers Building Society conveyancing panel. Use the above search tool to search for a Hendon conveyancing solicitor on the on the Teachers Building Society solicitors pane.