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approved by Platform HL
Ready to buy a new home? Failing to check that a lawyer is on the Platform HL 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 Platform Home Loans Ltd Conveyancing Panel? How can my firm be reinstated onto the Platform Home Loans Ltd Conveyancing Panel?Find an Approved Solicitor on the Platform Home Loans Ltd Conveyancing Panel
Frequently asked questions relating to the Platform Home Loans Conveyancing Panel
A lawyer my fiance and I had intended to instruct on a purchase said she would charge more if my lender is due to their difficult processes! Will I regret using Platform Home Loans? Is Platform Home Loans conveyancing so much more difficult?
Platform Home Loans conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the Platform Home Loans conveyancing panel. If they are not, this does add further risk of delay as Platform Home Loans will appoint their own solicitors to look after their interest.
We are nearing 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 Platform Home Loans. Apparently, being on the Platform Home Loans conveyancing panel and acting on their behalf he must inform Platform Home Loans if the balance of the mortgage advance is coming from anyone other than me. I informed the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Platform Home Loans 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 Platform Home Loans if you agree, failing which, your lawyer must cease to continue acting.
I am planning to acquire a property and require a conveyancing solicitor in Newcastle who is on the Platform Home Loans conveyancing. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Platform Home Loans . We don’t recommend any particular firm.
I am in the process of mortgaging my property does my lawyer need to be on the Platform Home Loans Solicitor panel?
In theory, you could use a solicitor that is not on Platform Home Loans conveyancing panel, but Platform Home Loans 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 had instructed online solicitors located in Manchester who are on the Platform Home Loans solicitor panel. They are now charging me a separate fee of £175 for dealing with the Platform Home Loans mortgage. Is this a supplemental conveyancing fee specified by Platform Home Loans?
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 Platform Home Loans but by your lawyers. Some firms on the Platform Home Loans will charge an ‘acting for lender’ fee and others do not.
I can not work out if my mortgage offer requires a lease extension . I have called Platform Home Loans on various occasions and was told they are content with the situation and they would lend. My solicitor - who is on the Platform Home Loans 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 Platform Home Loans panel she or he must comply with the CML Handbook requirements for Platform Home Loans. Unless your lawyer obtains specific confirmation in writing that Platform Home Loans 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 Platform Home Loans to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
My offer was accepted on a house on the 7th March 2014, valuation was booked 2 days after, all came back fine. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to Platform Home Loans and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Platform Home Loans conveyancing panel. Are Platform Home Loans entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Platform Home Loans to deal with your lawyers application to be on the Platform Home Loans conveyancing panel. There's no guarantee that your solicitors will be accepted.
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Transfer of Equity for Platform Home LoansPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors