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approved by The Mtg Works
Ready to buy a new home? Failing to check that a lawyer is on the The Mtg Works 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 The Mortgage Works Conveyancing Panel? How can my firm be reinstated onto the The Mortgage Works Conveyancing Panel?Find an Approved Solicitor on the The Mortgage Works Conveyancing Panel
FAQs : The The Mortgage Works Solicitor Panel
My mortgage broker has has requested my law firm’s panel member for the The Mortgage Works conveyancing panel. What is the best way to discover this. I have contacted my local The Mortgage Works office but they don't know it.
Have you tried speaking to your lawyer about this?. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for The Mortgage Works.
We are approaching an exchange and my mum and dad having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender The Mortgage Works. Apparently, being on the The Mortgage Works conveyancing panel and acting on their behalf he must inform The Mortgage Works if the balance of the mortgage advance is coming from anyone other than me. I disclosed to the bank about my parent’s contribution when I applied for the home loan so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with The Mortgage Works 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 The Mortgage Works if you agree, failing which, your lawyer must cease to continue acting.
I require the services of a The Mortgage Works panel solicitor in Stirling. Can you assist?
It is not clear why you need a The Mortgage Works panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to The Mortgage Works to find out which solicitors in The Mortgage Works are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
Please explain the implications if my solicitor is suspended from the The Mortgage Works Conveyancing panel in advance of completion?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Is the case that all CQS (Conveyancing Quality Scheme) solicitors on the The Mortgage Works conveyancing panel?
A selection of lenders now use the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of conveyancing solicitors.
Can you point me to a directory of The Mortgage Works panel conveyancers on the Building Society Association’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
I have decided to exercise my right to buy my property off the council. I have a mortgage offer with The Mortgage Works. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have 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 The Mortgage Works you will need to appoint a solicitor on the The Mortgage Works conveyancing panel.
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Transfer of Equity for The Mortgage WorksPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors