Darlington Building Society Conveyancing Panel Recently Asked Questions
from members of the public
I have just been informed by my broker that my property lawyer is not on the Darlington Building Society Solicitor panel. What can I do to check?
You need to contact your lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for Darlington Building Society.
My partner and I are refinancing our maisonette with Darlington Building Society. We have a son 19 who lives with us. The solicitor on the Darlington Building Society conveyancing panel has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the property is repossessed. I have two questions (1) Is this form unique to the Darlington Building Society conveyancing panel as he never had to sign this form when we bought 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Darlington Building Society .This is solely used to protect the Darlington Building Society if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.
It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Darlington Building Society had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Do all mortgage companies provide you with an approved list of solicitors? How do you know who is on the Darlington Building Society conveyancing panel?
The law firm practices themselves provide us confirmation that they are on the Darlington Building Society conveyancing panel as opposed to being supplied with a list from Darlington Building Society directly.
I am buying a new build flat and getting a mortgage with Darlington Building Society. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Darlington Building Society 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 Darlington Building Society conveyancing panel in your location.
My wife and I have arranged a further advance on our mortgage from Darlington Building Society as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Darlington Building Society conveyancing panel to deal with the paperwork?
Darlington Building Society do not ordinarily appoint a member of their conveyancing panel 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 Darlington Building Society list
We have agreed to purchase a house.One unusual aspect is that the roof has a solar panel. Darlington Building Society have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Darlington Building Society your lawyer must to check the Darlington Building Society conveyancing instructions contained in the Part of CML Handbook for Darlington Building Society . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Darlington Building Society 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.
Darlington Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Darlington Building Society or your broker and complete any relevant paperwork. Darlington Building Society will tell you what documents they want. Darlington Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Darlington Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.