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approved by Topaz Finance

Ready to buy a new home? Failing to check that a lawyer is on the Topaz Finance list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the Topaz Finance plc Conveyancing Panel

Topaz Finance Conveyancing Panel : Questions and Answers

I have been advised by my broker that I have to pay Topaz Finance fees should I instruct my family lawyer. How good are the Topaz Finance conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH provided that they are good and not exorbitantly priced. Are there any Topaz Finance conveyancers you'd recommend?
Topaz Finance’s conveyancing panel is substantial 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.
We are getting closer to an exchange and my parents having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender Topaz Finance. Apparently, being on the Topaz Finance conveyancing panel and acting on their behalf he must inform Topaz Finance if the balance of the mortgage advance is not just from me. I advised the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for him to raise this?
Your lawyer is obliged to check with Topaz Finance to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Topaz Finance if you agree, failing which, your lawyer must cease to continue acting.
Are there any apps to help find a local solicitor on the Topaz Finance conveyancing panel? I have a car and am prepared to travel up to 10 miles to meet the solicitor.
You can use the find a conveyancing panel tool on this page. 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 Topaz Finance solicitor panel.
I am considering applying for a Topaz Finance mortgage for purchase of a newly converted (under development) with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Topaz Finance?
There is nothing to stop you using your solicitor but Topaz Finance will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Topaz Finance. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have 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 Topaz Finance you will need to appoint a solicitor on the Topaz Finance conveyancing panel.
Intending to buy a house 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
I was told four weeks ago that my mortgage has been agreed to by Topaz Finance. Is it usual for Topaz Finance to only issue the offer once my solicitor is approved on their conveyancing panel?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Topaz Finance to deal with your lawyers application to be on the Topaz Finance conveyancing panel. There's no guarantee that your solicitors will be accepted.