Find an Approved Solicitor on the Topaz Finance plc
Common questions asked concerning the Topaz Finance Solicitor Panel
I have been advised by my broker that I have to pay Topaz Finance fees if I use my own solicitor. How good are the Topaz Finance conveyancing panel solicitors? I dont care which law firm I use as long as they're good and reasonably priced. Would you recommend a specific law firm on the Topaz Finance panel?
Topaz Finance’s conveyancing panel is pretty large so your best bet is just to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Topaz Finance will allow to act for them.
Our solicitor has uncovered a legal deficiency with the lease for the apartment we are purchasing. The seller’s lawyers have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our lawyer has advised that as he is on the Topaz Finance conveyancing panel he must check that the lender is happy with this solution. Who is the client here, us or Topaz Finance?
Just because you have a mortgage offer from Topaz Finance does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Topaz Finance are the client. These conveyancing instructions must be adhered to by the Topaz Finance conveyancing panel who has to balance acting for you and Topaz Finance
I am purchasing a house and need a conveyancing solicitor in Liverpool who is on the Topaz Finance approved. Can you recommend a local firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Topaz Finance . We don’t recommend any particular firm.
I am buying a terraced house and getting a mortgage with Topaz Finance. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Topaz Finance 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 Topaz Finance conveyancing panel in your location.
We expect to receive a DIP from Topaz Finance this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Topaz Finance recommend a solicitor on the Topaz Finance 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 Topaz Finance conveyancing panel. The solicitor represents both you and the Topaz Finance through the process.
It is not clear whether my mortgage offer requires a lease extension . I have called Topaz Finance on various occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Topaz Finance conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
As long as the conveyancer is on the Topaz Finance panel she or he must comply with the CML Handbook requirements for Topaz Finance. Unless your lawyer obtains specific confirmation in writing that Topaz Finance will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Topaz Finance to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
Intending to buy a flat with a mortgage with Topaz Finance. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Topaz Finance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Topaz Finance conveyancing panel
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