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Ready to buy a new home? Failing to check that a lawyer is on the Investec list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Investec Bank plc Conveyancing Panel? How can my firm be reinstated onto the Investec Bank plc Conveyancing Panel?Find an Approved Solicitor on the Investec Bank plc Conveyancing Panel
Q and A’s regarding the Investec Solicitor Panel
I am obtaining a mortgage with Investec. my intention is to instruct a Licensed Conveyancer. Does the Investec Solicitor panel allow for conveyancers regulated by the CLC
Investec’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.
My grandson is about to exchange on a new build apartment with a mortgage from Investec. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Investec conveyancing panel as a standard part of the process, and to the surveyor when requested.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Investec conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
What tools are available to search for a local solicitor on the Investec conveyancing panel? I have a car and am prepared to travel up to 20 kilometers to meet the solicitor.
You can use the find a conveyancing panel search 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 Investec solicitor panel.
We're in Liverpool, FTBs purchasing with a mortgage (lender is Investec , but our solicitor is on the Investec conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Investec 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
We have a mortgage agreed in principle with Investec. Solicitors have been instructed? How long does it take for Investec to send the offer to our conveyancer
There is no definitive answer here. Have Investec conducted the survey? Have you advised Investec as your lawyers details and checked that your lawyer is on the Investec conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
I have decided to exercise my right to buy my property off the council. I have a mortgage offer with Investec. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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 Investec you will need to appoint a solicitor on the Investec conveyancing panel.
I am selling my apartment. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Investec are being problematic. The solicitor who is on the Investec conveyancing panel is saying indemnity insurance will be fine but Investec are insisting on a building regulation certificate. Why do Investec have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Investec have referred the matter to their valuer. The reason why Investec may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.
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