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approved by West Bromwich BS
Ready to buy a new home? Failing to check that a lawyer is on the West Bromwich BS list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?Is my firm on the West Bromwich Building Society Conveyancing Panel? How does my firm apply to be on the West Bromwich Building Society Conveyancing Panel? How can my firm be reinstated onto the West Bromwich Building Society Conveyancing Panel?
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West Bromwich Building Society Conveyancing Panel Recently Asked Questions
Am I correct in assuming that the fact that my solicitor is not identified on the West Bromwich Building Society Conveyancing panel that there is a problem with the standard of her work?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for West Bromwich Building Society.
Can you clarify something for me?. My lawyer is not to blame but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from West Bromwich Building Society was date stamped random date and we have agreed a date for me to move into the property on 6. My solicitor has advised that as she is on the West Bromwich Building Society conveyancing panel she needs to redo the searches as they are no longer valid.
One of the many conditions to being on the West Bromwich Building Society approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on West Bromwich Building Society)which states that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to West Bromwich Building Society.
I see that you have a search directory identifying firms on the West Bromwich Building Society conveyancing panel. Do firms pay you a commission if I retain them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the West Bromwich Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
Please explain the implications if my solicitor is expelled from the West Bromwich Building Society Conveyancing panel before the moving date as agreed at exchange of contracts?
The first thing to point out is that, this is very unlikely to happen. 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.
I was thinking of purchasing my friend’s property. Assuming we can agree a figure, what’s the best way to proceed? I hope to get a mortgage with West Bromwich Building Society. Is there anyway to cut out the solicitors to save us both money? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with West Bromwich Building Society involved you will need to appoint a solicitor on the West Bromwich Building Society conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to West Bromwich Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the West Bromwich Building Society conveyancing panel.
My ex -wife’s name is on the West Bromwich Building Society 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 West Bromwich Building Society mortgage in order to sell?
As regards the West Bromwich Building Society 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 West Bromwich Building Society 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.
We are are purchasing a flat in Hendon. Conveyancing solicitors in Hendon will soon beappointed. My brokerrecommended that we double-check that the conveyancer in Hendon is on the West Bromwich Building Society approved list of lawyers. Is this really necessary?
Not all Hendon conveyancing firms are on the West Bromwich Building Society conveyancing panel. Use the above search tool to locate a Hendon conveyancing firm on the on the West Bromwich Building Society panel.