Examples of recent questions relating to the Bluestone Mortgages Conveyancing Panel from members of the public
My Solicitor has never been on on the Bluestone Mortgages Conveyancing Panel. Can I still use my family solicitor even though they are excluded from the Bluestone Mortgages approved list?
You will need to have a conveyancer complete the legal work required when you take out a Bluestone Mortgages mortgage to buy your property. They’ll carry out all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is in place. You can instruct a conveyancing firm of your choice. However, if the firm selected is not a member of the Bluestone Mortgages conveyancing panel additional costs will be incurred as separate legal representation will be required by Bluestone Mortgages. Conveyancing panel applications can be submitted, so if your conveyancer has not previously applied for membership they can do so.
My son-in-law is in the process of securing a new build apartment with a mortgage from Bluestone Mortgages. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Bluestone Mortgages conveyancing panel as a standard part of the process, and to the surveyor when requested.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Bluestone Mortgages conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Do all the firms listed on your search have online case tracking as I understood that this was a condition of being on the Bluestone Mortgages conveyancing 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 am trying to get my ex-husband taken off the mortgage deeds. Can Bluestone Mortgages really insist on which solicitor I can or can not instruct?
You can use any solicitor you like but Bluestone 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 Bluestone Mortgages solicitors panel
When it comes to mortgage companies such as Bluestone Mortgages do lawyers have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Two weeks ago we had a mortgage agreed in principle with Bluestone Mortgages. Solicitors have been instructed? How long does it take for Bluestone Mortgages to send the offer to our conveyancer
Some lenders take longer than others. Have Bluestone Mortgages done the survey? Have you advised Bluestone Mortgages as your lawyers details and checked that your lawyer is on the Bluestone Mortgages conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
I have today made my last payment due on mortgage with Bluestone Mortgages. I assume I don't need a solicitor on the Bluestone Mortgages panel to remove the mortgage at the Land Registry. Please confirm
If you have finished paying off your Bluestone Mortgages 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 Bluestone Mortgages mortgage from the register. Bluestone Mortgages,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 Bluestone Mortgages has sent the Land Registry the discharge electronically, and
the Bluestone Mortgages has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Bluestone Mortgages mortgage has been paid off.