FAQs for the Better HomeOwnership Solicitor Panel
from members of the public
I was advised recently by my mortgage broker that my lawyer is not on the Better HomeOwnership Solicitor panel. How can I be certain that this is indeed the case?
The best course of action for you to take is to contact your conveyancer. 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 Better HomeOwnership.
Can you clarify something for me?. My lawyer is not to blame but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Better HomeOwnership was date stamped random date and we have agreed a date for me to move into the property on 10 days inc Day of week eg. Mon. My lawyer informs me that as she is on the Better HomeOwnership conveyancing panel she needs to redo the searches as they are now out of date.
A precondition to being on the Better HomeOwnership approved panel is to comply with the CML Handbook requirements (last updated for this lender on Better HomeOwnership)which states 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 Better HomeOwnership.
I am buying a flat and need a conveyancing solicitor in London who is on the Better HomeOwnership solicitor. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Better HomeOwnership . We don’t recommend any particular firm.
My house is up for sale and I have a buyer. Does my solicitor have to be on the Better HomeOwnership conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Better HomeOwnership conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
My wife and I have arranged a further advance on our mortgage from Better HomeOwnership as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Better HomeOwnership conveyancing panel to deal with the legals?
Better HomeOwnership do not ordinarily instruct a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Better HomeOwnership list
I am currently in the process of buying my council flat. I have a mortgage agreed with Better HomeOwnership. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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 Better HomeOwnership you will need to appoint a solicitor on the Better HomeOwnership conveyancing panel.
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date . I have telephoned Better HomeOwnership on various occasions and was told they are content with the situation and they would lend. My solicitor - who is on the Better HomeOwnership conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
Your lawyer has to follow the CML Handbook Part 2 requirements for Better HomeOwnership. Unless your lawyer obtains specific confirmation in writing that Better HomeOwnership will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Better HomeOwnership to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.