Ahli United Bank Solicitor Panel Recently Asked Questions
from members of the public
My financial adviser has informed me that I have to pay Ahli United Bank fees if I use my own solicitor. How good are the Ahli United Bank conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and not exorbitantly priced. Would you recommend a specific law firm on the Ahli United Bank panel?
Ahli United Bank’s conveyancing panel is pretty large so your best bet is just 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 Ahli United Bank will allow to act for them.
Expecting to move into my new home next Thursday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Ahli United Bank. What does the insurance need to cover?
All property lawyers on the Ahli United Bank conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Ahli United Bank’s Part 2 requirements of the CML Handbook (last updated on Ahli United Bank). Being on the Ahli United Bank conveyancing panel your lawyer is expect to follow these requirements.
Do I have to attend the offices of the Ahli United Bank conveyancing panel solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Manchester
so that I can pop in to their offices if required.
Whereas this was necessary twenty years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Manchester
.
I am purchasing a right to buy flat and getting a mortgage with Ahli United Bank. 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 Ahli United Bank 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 Ahli United Bank conveyancing panel in your location.
I previously instructed online solicitors based in Manchester who are on the Ahli United Bank solicitor panel. They have just invoiced me a separate fee of £150 for dealing with the Ahli United Bank mortgage. Is this an additional conveyancing fee set by Ahli United Bank?
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 Ahli United Bank but by your lawyers. Some firms on the Ahli United Bank will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
We have agreed to purchase a house.One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Ahli United Bank be concerned
Given that your lender is Ahli United Bank your lawyer must to check the Ahli United Bank conveyancing instructions contained in the Part of CML Handbook for Ahli United Bank . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Ahli United Bank where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.
I have paid off my mortgage with Ahli United Bank. I assume I don't need a solicitor on the Ahli United Bank panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Ahli United Bank mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Ahli United Bank mortgage from the register. Ahli United Bank,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the Ahli United Bank has sent the Land Registry the discharge electronically, and
the Ahli United Bank has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Ahli United Bank mortgage has been paid off.