Find a Law Firm
approved by Intelligent Finance
Ready to buy a new home? Failing to check that a lawyer is on the Intelligent Finance 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 Intelligent Finance Conveyancing Panel? How can my firm be reinstated onto the Intelligent Finance Conveyancing Panel?Find an Approved Solicitor on the Intelligent Finance Conveyancing Panel
Examples of recent questions relating to the Intelligent Finance Solicitor Panel
I was advised recently by my financial adviser that my lawyer is not on the Intelligent Finance Conveyancing panel. How can I check?
You need to contact your lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the the approved Intelligent Finance solicitor panel.
Our solicitor has identified a problem with the lease for the property we are purchasing. The other side have suggested defective title insurance as a workaround. We are content with insurance and will cover the costs. Our solicitor has advised that as he is on the Intelligent Finance conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or Intelligent Finance?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and Intelligent Finance are the client. A precondition to being on the Intelligent Finance approved panel is to comply with the CML Handbook requirements (last updated for this lender on Intelligent Finance). The CML Handbook conditions require your lawyer to disclose issues such as defects will the lease so that Intelligent Finance can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Do all mortgage companies provide you with an approved list of solicitors? How do you know who is on the Intelligent Finance conveyancing panel?
The law firm practices themselves provide us confirmation that they are on the Intelligent Finance conveyancing panel as opposed to being supplied with a list from Intelligent Finance directly.
I am selling my house. Does my solicitor have to be on the Intelligent Finance conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Intelligent Finance conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
We are getting a further advance on our mortgage from Intelligent Finance as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Intelligent Finance conveyancing panel to deal with the legals?
Intelligent Finance would not normally appoint a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Intelligent Finance panel
The for formalities of my purchase has taken place with a mortgage from Intelligent Finance. Conveyancing was satisfactory but I feel I should register my dissatisfaction about Intelligent Finance. How do I make a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the Intelligent Finance branches or the Customer Services Department at Intelligent Finance head office. Ordinarily complaints to Intelligent Finance are resolved 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.
My offer was accepted on an apartment on the 17th February 2014, valuation was booked five days after, received a clean bill of health. Conveyancer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Intelligent Finance and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Intelligent Finance conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Intelligent Finance to deal with your lawyers application to be on the Intelligent Finance conveyancing panel. There's no guarantee that your solicitors will be accepted.
Other Topics
Transfer of Equity for Intelligent FinancePlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors