Find a Law Firm
approved by Bluestone Mortgages
Ready to buy a new home? Failing to check that a lawyer is on the Bluestone Mortgages list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?
How does my firm apply to be on the Bluestone Mortgages Conveyancing Panel? How can my firm be reinstated onto the Bluestone Mortgages Conveyancing Panel?Find an Approved Solicitor on the Bluestone Mortgages Conveyancing Panel
Frequently asked questions relating to the Bluestone Mortgages Solicitor Panel
My financial adviser has informed me that I have to pay Bluestone Mortgages fees should I instruct my family lawyer. How good are the Bluestone Mortgages conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and reasonably priced. Would you recommend a specific law firm on the Bluestone Mortgages panel?
Bluestone Mortgages’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 Bluestone Mortgages 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 Bluestone Mortgages. Apparently, being on the Bluestone Mortgages conveyancing panel and acting on their behalf he must inform Bluestone Mortgages if the balance of the mortgage advance is coming from anyone other than me. I disclosed to 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 Bluestone Mortgages 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 Bluestone Mortgages if you agree, failing which, your lawyer must cease to continue acting.
I have been Googling for conveyancing quotes online. Can I be assured that all the firms that are identified on your website are on the Bluestone Mortgages conveyancing panel?
The law firms listed on our site have advised us that they are on the Bluestone Mortgages panel and agreed to advise us to take down their listing in the event of removal off of the Bluestone Mortgages panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Bluestone Mortgages conveyancing panel is not accurate.
I was expecting to move into my dream home yesterday. My lawyer’s firm is on the Bluestone Mortgages conveyancing panel but has changed address in the past couple of months and had not advised Bluestone Mortgages of their new address. Bluestone Mortgages has locked down the release of mortgage funds until such time as their systems are up to date with the correct details.
This is a rare situation indeed. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Bluestone Mortgages branch or your mortgage broker to see if they can assist.
Why might a lender such as Bluestone Mortgages withdraw a mortgage offer?
Banks and Building Societies such as Bluestone Mortgages can revoke their mortgage offer although this is unusual. If Bluestone Mortgages withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are various possible reasons but here are a number of examples:
- Where information comes to Bluestone Mortgages ‘s attention regarding the customers or the security that they were not aware of prior to offer that affects their original decision to lend
- Many mortgage offers have an expiry date. Your lawyer should check this. Bluestone Mortgages may amend or withdraw an offer before the end of its validation period if an offer extension is requested and following a re-evaluation of the property the value of the security is below a level which is acceptable to them.
- Situations where information provided by the borrower that enabled the lender to make a lending decision is fraudulent, incorrect or misleading.
- Where the lender has to take account a recent change in taxation
- If the lender reasonably believe that the applicant, borrower, mortgagor or guarantor is insolvent or is about to become insolvent or has or will have a petition presented or if any one or all enter into any arrangement with their creditors generally or if any one or all should suffer a material change in their financial circumstances
The for formalities of my purchase has taken place with a loan from Bluestone Mortgages. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about Bluestone Mortgages. How does one go about formally complaining?
Most lenders have complaints procedures. Your first point of contact should be one of the Bluestone Mortgages branches or the Customer Services Department at Bluestone Mortgages head office. In most cases complaints to Bluestone Mortgages are sorted out effectively and efficiently. If you feel that the matter is not resolved you can write to the
Financial Ombudsman Service with full details of your complaint.
I can not work out if my mortgage offer requires a lease extension . I have called Bluestone Mortgages on numerous occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Bluestone Mortgages conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. I simply dont know who is right
As long as the conveyancer is on the Bluestone Mortgages panel she or he must comply with the CML Handbook requirements for Bluestone Mortgages. Unless your lawyer obtains specific confirmation in writing that Bluestone Mortgages 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 Bluestone Mortgages to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
Other Topics
Transfer of Equity for Bluestone MortgagesPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors