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approved by Mansfield Building Society

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

Find an Approved Solicitor on the Mansfield Building Society Conveyancing Panel

Mansfield Building Society Conveyancing Panel Example Support Desk Enquires

I have just been informed by my IFA that my property lawyer is not on the Mansfield Building Society Conveyancing panel. What can I do to be certain that this is indeed the case?
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 Mansfield Building Society solicitor panel.
Please help. My conveyancer is assuring me that he has to order a Local Authority search as the firm are on the Mansfield Building Society solicitor panel. Is my lawyer correct?
You have limited options available to you. Given that you are taking out a loan with Mansfield Building Society your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of Mansfield Building Society’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Mansfield Building Society. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
I require the services of a Mansfield Building Society panel solicitor in Stirling. Can you assist?
Unfortunately it’s not apparent why you need a Mansfield Building Society panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Mansfield Building Society to find out which solicitors in Mansfield Building Society are on their panel. If you do find such a firm not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site
I am considering applying for a Mansfield Building Society mortgage for purchase of a newly converted (under development) with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Mansfield Building Society?
In theory, you could use a solicitor that is not on Mansfield Building Society conveyancing panel, but Mansfield Building Society would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
I previously instructed online conveyancers located in Bristol who are on the Mansfield Building Society solicitor panel. They are now charging me a separate fee of £150 for dealing with the Mansfield Building Society mortgage. Is this a supplemental conveyancing fee specified by Mansfield Building Society?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Mansfield Building Society but by your lawyers. Some firms on the Mansfield Building Society will charge an ‘acting for lender’ fee and others do not.
What are the common reasons for a lender such as Mansfield Building Society to withdraw a mortgage offer?
Banks and Building Societies such as Mansfield Building Society can revoke their mortgage offer although this rarely happens. If Mansfield Building Society withdraw their offer they may or may not inform you or the lawyer as to the reasons why. There are various possible reasons but here are a number of examples:
  • Where information comes to Mansfield Building Society ‘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. Mansfield Building Society 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.
  • If the borrower informs Mansfield Building Society of a change in security address
  • Where the purchase price and borrowers direct contribution differ to details on the mortgage application form completed by the borrower
  • Where the lender has to take account a recent change in law
I have had an offer accepted on a apartment I spoke to a lawyer previously used by my mum and he suggested retaining a property lawyers approved by Mansfield Building Society. The estate agent recommended two local firms so I asked Mansfield Building Society if the 2 suggested solicitors are approved, which they are not. Mansfield Building Society suggested that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Mansfield Building Society 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Mansfield Building Society for conveyancing panel firms in your area. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the Mansfield Building Society conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Mansfield Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet Mansfield Building Society’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.