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Ready to buy a new home? Failing to check that a lawyer is on the Tipton Coseley B.S. list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Tipton Coseley Building Society Conveyancing Panel? How can my firm be reinstated onto the Tipton Coseley Building Society Conveyancing Panel?Find an Approved Solicitor on the Tipton Coseley Building Society Conveyancing Panel
Frequently asked questions relating to the Tipton Coseley Building Society Solicitor Panel
I am getting a offer of a mortgage from Tipton Coseley Building Society. my intention is to use a Licensed Conveyancer. Does the Tipton Coseley Building Society Conveyancing panel include Licensed Conveyancers
Tipton Coseley Building Society’s conveyancing panel is, like many other lenders represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My son is in the process of securing a new build apartment with a mortgage from Tipton Coseley Building Society. His conveyancer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Tipton Coseley Building Society conveyancing panel as a standard part of the process, and to the valuer when asked.
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 Tipton Coseley 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 am looking for conveyancing quotes online. Can I be assured that all the firms that are identified on your directory are on the Tipton Coseley Building Society conveyancing panel?
The law firms on our directory have advised us that they are on the Tipton Coseley Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Tipton Coseley Building Society panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Tipton Coseley Building Society conveyancing panel is incorrect.
I am trying to get my ex-wife taken off the mortgage deeds. Can Tipton Coseley Building Society really insist on which solicitor I can or can not instruct?
You can use any solicitor you like but Tipton Coseley Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Tipton Coseley Building Society solicitors panel
Is it the case that all conveyancing solicitors on the Tipton Coseley Building Society conveyancing panel work on a no sale no fee basis?
There is generally no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their service
After much negotiation I have agreed a price on an apartment. My mortgage broker pressured me to appoint their lawyers I paid an upfront payment of 175. Soon after the conveyancers contacted me sheepishly admitting that they were not on the Tipton Coseley Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Tipton Coseley Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am selling my apartment. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Tipton Coseley Building Society are being a right pain. The solicitor who is on the Tipton Coseley Building Society conveyancing panel is recommending indemnity insurance as a solution but Tipton Coseley Building Society are insisting on a building regulation certificate. Why do Tipton Coseley Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Tipton Coseley Building Society have referred the matter to their valuer. The reason why Tipton Coseley 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.