Find an Approved Solicitor on the Together Personal Finance Limited
Examples of recent questions relating to the Together Personal Finance Conveyancing Panel
Can you please explain the reason why all UK lawyers aren't included on the Together Personal Finance Conveyancing panel?
Together Personal Finance and other banks ordinarily restrict either the type or the number of conveyancing practices on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that Together Personal Finance have no responsibility for the quality of advice provided by any member of Together Personal Finance Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, Conveyancing is not their speciality? To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime; probably not.
My son is buying a house that has just been built with a mortgage from Together Personal Finance. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Together Personal Finance conveyancing panel as a standard part of the process, and to the surveyor 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 Together Personal Finance conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Are there any apps to help find a local solicitor on the Together Personal Finance conveyancing panel? I have a car and am prepared to travel up to 25 miles to meet the solicitor.
You can use the find a conveyancing panel search on this website. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Together Personal Finance solicitor panel.
Please explain the implications if my solicitor is removed from the Together Personal Finance Solicitor panel before the moving date as agreed at exchange of contracts?
The first thing to point out is that, this is a very rare occurrence. 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 at a cost.
We have a mortgage agreed in principle with Together Personal Finance. Solicitors have been instructed? How long does it take for Together Personal Finance to send the offer to our conveyancer
There is no definitive answer here. Have Together Personal Finance conducted the survey? Have you advised Together Personal Finance as your lawyers details and checked that your lawyer is on the Together Personal Finance conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
I was told four weeks ago that my mortgage has been agreed
to by Together Personal Finance. Is it usual for Together Personal Finance to only issue the offer once my
solicitor is approved on their conveyancing panel?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Together Personal Finance to deal with your lawyers application to be on the Together Personal Finance conveyancing panel. There's no guarantee that your solicitors will be accepted.
Together Personal Finance 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 Together Personal Finance or your broker and complete any relevant paperwork. Together Personal Finance will tell you what documents they want. Together Personal Finance 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. Together Personal Finance 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.