Find a Law Firm
approved by VidaHomeloans

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

Find an Approved Solicitor on the Vida Homeloans Conveyancing Panel

Vida Homeloans Solicitor Panel Sample Enquires to our Call Center

I am obtaining a mortgage with Vida Homeloans. I intend to retain the legal services of a Licensed Conveyancer. Does the Vida Homeloans Conveyancing panel exclude Licensed Conveyancers
Vida Homeloans’s approved solicitor list is, like many other lenders represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am buying a newly constructed duplex and my lawyer is telling me that she is duty bound to disclose incentives from the seller as her practice is on the Vida Homeloans conveyancing panel. The Estate Agents are hassling me to exchange and I would rather not prolong matters. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Vida Homeloans approved panel is to comply with the CML Handbook requirements (last updated for this lender on Vida Homeloans). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I have been Googling for conveyancing quotes online. Can I be assured that all the law firms that are listed on your directory are on the Vida Homeloans conveyancing panel?
The law firms listed on our site have advised us that they are on the Vida Homeloans panel and agreed to advise us to take down their listing in the event of removal off of the Vida Homeloans 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 Vida Homeloans conveyancing panel is not accurate.
We're in London, FTBs buying with a mortgage (lender is Vida Homeloans , but our lawyer is on the Vida Homeloans conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Vida Homeloans conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
The mortgage over my property is with Vida Homeloans. Conveyancing was finalised a year ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Vida Homeloans?
Vida Homeloans must be informed of your intention in advance of renting your property as this is likely to be a breach of Vida Homeloans’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Vida Homeloans directly. You need not do this via a Vida Homeloans conveyancing panel firm.
After shopping around on the internet I have found a solicitor having made sure that they are on the Vida Homeloans conveyancing panel. Does my lawyer arrange the survey of the property? Or I've digested plenty of house buying,I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my solicitor - who is on the Vida Homeloans conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Vida Homeloans will need an independent valuation of the property. Your lawyer will not arrange this. Usually Vida Homeloans will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller. or Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Vida Homeloans you could contact your them to see if they have a list of approved surveyors.
My ex -wife’s name is on the Vida Homeloans mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Vida Homeloans mortgage in order to sell?
As regards the Vida Homeloans mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Vida Homeloans in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.