Frequently asked questions relating to the Accord Mortgages Conveyancing Panel
from members of the public
I am hoping to receive a mortgage offer from Accord Mortgages. I intend to instruct a Licensed Conveyancer. Does the Accord Mortgages Solicitor panel allow for conveyancers regulated by the CLC
Accord Mortgages’s approved solicitor list is, like many other lenders associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I am purchasing a newly constructed flat and my lawyer is informing me that she has to disclose incentives from the developer as her practice is on the Accord Mortgages conveyancing panel. I am nearing the developer’s deadline to exchange and I have no desire to delay the conveyancing. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Accord Mortgages approved panel is to comply with the CML Handbook requirements (last updated for this lender on Accord Mortgages). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Your search tool is useful but there are many lawyers listed near Coventry on the Accord Mortgages conveyancing panel. Can you recommend a specific firm on the Accord Mortgages approved panel?
We are not in the business of recommending one firm above another as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
I am purchasing a semi-detached house and getting a mortgage with Accord Mortgages. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Accord Mortgages conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Accord Mortgages conveyancing panel in your location.
We were going to get a DIP from Accord Mortgages this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Accord Mortgages recommend a solicitor on the Accord Mortgages conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Accord Mortgages conveyancing panel. The solicitor represents both you and the Accord Mortgages through the process.
Completion of my remortgage has taken place with a mortgage from Accord Mortgages. Conveyancing was satisfactory but I would like to complain about Accord Mortgages. How does one go about formally complaining?
All lenders have complaints procedures. Your first point of contact should be one of the Accord Mortgages branches or the Customer Services Team at Accord Mortgages head office. In most cases complaints to Accord Mortgages are sorted out very quickly. If you feel that the matter is not resolved you can write to the
Financial Ombudsman Service who will take matters further.
I was told two weeks ago that my mortgage has been agreed
to by Accord Mortgages. Is it usual for Accord Mortgages to only issue the offer once my
solicitor is approved on their conveyancing panel?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Accord Mortgages to deal with your lawyers application to be on the Accord Mortgages conveyancing panel. There's no guarantee that your solicitors will be accepted.