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approved by Stafford Railway BS
Ready to buy a new home? Failing to check that a lawyer is on the Stafford Railway BS 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 Stafford Railway Building Society Conveyancing Panel? How can my firm be reinstated onto the Stafford Railway Building Society Conveyancing Panel?Find an Approved Solicitor on the Stafford Railway Building Society Conveyancing Panel
Stafford Railway Building Society Conveyancing Panel Recently Asked Questions
My financial adviser has informed me that I have to pay Stafford Railway Building Society fees should I instruct my family lawyer. How good are the Stafford Railway Building Society conveyancing panel solicitors? I dont care which law firm I use as long as they're good and reasonably priced. Are there any Stafford Railway Building Society conveyancers you'd recommend?
Stafford Railway Building Society’s conveyancing panel is substantial so it would be advisable 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 Stafford Railway Building Society will allow to act for them.
My conveyancer has spotted an inconsistency when comparing the surveyor’s assumptions in Stafford Railway Building Society’s valuation report and what is revealed within the title deeds. My solicitor informs me that as he is on the Stafford Railway Building Society conveyancing panel he needs to ensure that the bank is happy with this discrepancy and is content go ahead. Is my solicitor’s stance appropriate?
A precondition to being on the Stafford Railway Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Stafford Railway Building Society) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Do all the firms listed on your directory have online case tracking as I understood that this was a condition of being on the Stafford Railway Building Society solicitor panel?
No. There is no CML Part 2 or Building Society Association requirement relating to online case tracking. Some law firms operate such technology and some don't.
I was scheduled to complete on my first house yesterday. My solicitor is on the Stafford Railway Building Society conveyancing panel but has changed address in the past couple of months and had not informed Stafford Railway Building Society of their new address. Stafford Railway Building Society 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 Stafford Railway Building Society branch or your mortgage broker to see if they can help.
How can we tell if a solicitor on the Stafford Railway Building Society panel is any good?
Getting recommendations is a sensible starting point. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor handling your conveyancing
Do the majority of lenders operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Stafford Railway Building Society conveyancing panel requirements are different to Stafford Railway Building Society’s conveyancing panel criteria.
I am due to exchange contracts on my house. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Stafford Railway Building Society are being a right pain. The solicitor who is on the Stafford Railway Building Society conveyancing panel is saying indemnity insurance will be fine but Stafford Railway Building Society are insisting on a building regulation certificate. Why do Stafford Railway Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Stafford Railway Building Society have referred the matter to their valuer. The reason why Stafford Railway Building Society 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.