Frequently asked questions relating to the Bank of Ireland Mortgages Solicitor Panel
from members of the public
I was advised recently by my lender that my property lawyer is not on the Bank of Ireland Mortgages Conveyancing panel. What can I do to be sure that this is correct?
The first thing you need to do is to contact your lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a firm that is on the conveyancing panel for Bank of Ireland Mortgages.
Please assist. For no fault of my lawyer but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Bank of Ireland Mortgages was dated random date and we have agreed a date for me to move into the property on 6. My lawyer has advised that as she is on the Bank of Ireland Mortgages conveyancing panel she needs to reorder the searches as they are no longer acceptable to the lender.
A precondition to being on the Bank of Ireland Mortgages approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Bank of Ireland Mortgages)which specifies that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Bank of Ireland Mortgages.
Do I have to have a meeting at the offices of the Bank of Ireland Mortgages conveyancing panel solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Liverpool
so that I can pop in to their offices when needed.
Most conveyancing panel lawyers for Bank of Ireland Mortgages undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.
I am trying to get my former partner removed the mortgage deeds. Can Bank of Ireland Mortgages really tell me which solicitor I can or can not use?
You can use any solicitor you like but Bank of Ireland Mortgages then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Bank of Ireland Mortgages solicitors panel
Two weeks ago we had a mortgage agreed in principle with Bank of Ireland Mortgages. Solicitors have been appointed? How long does it take for Bank of Ireland Mortgages to send the offer to our conveyancer
There is no definitive answer here. Have Bank of Ireland Mortgages done the survey? Have you advised Bank of Ireland Mortgages as your lawyers details and checked that your lawyer is on the Bank of Ireland Mortgages conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I currently have a mortgage with with Bank of Ireland Mortgages. Conveyancing was finalised some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Bank of Ireland Mortgages?
Your original mortgage agreement with Bank of Ireland Mortgages will provide that you need their approval in advance of renting your property as this is likely to be a breach of Bank of Ireland Mortgages’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Bank of Ireland Mortgages directly. It should not be necessary to do this via a Bank of Ireland Mortgages conveyancing panel solicitor.
Sometime soon me and my wife are acquiring a garden flat in Hendon. Conveyancing solicitors in Hendon are preferred to begiven the go-ahead. My motherrecommended that we double-check that the conveyancing practitioner in Hendon is on the Bank of Ireland Mortgages list of approved conveyancing firms. Aren't all lawyers on the Bank of Ireland Mortgages panel?
A limited percentage of Hendon conveyancing firms are on the Bank of Ireland Mortgages conveyancing panel. 7 people a month use our search tool to search for a
Hendon conveyancing firm on the on the Bank of Ireland Mortgages list of approved conveyancing firms.