Dudley Building Society Conveyancing Panel Sample Enquires to our Call Center from members of the public
The solicitor my fiance and I wanted to use for conveyancing on a remortgage said she would charge more if my mortgage is with Dudley Building Society because of their difficult processes! Am I likely to be frustrated using Dudley Building Society? Is Dudley Building Society conveyancing so much more difficult?
Dudley Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the Dudley Building Society conveyancing panel. If they are not, this does add further risk of delay as Dudley Building Society will appoint their own solicitors to look after their interest.
Our son is about to exchange on a house that has just been built with a mortgage from Dudley Building Society. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Dudley Building Society conveyancing panel as a standard part of the process, and to the surveyor when asked.
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 Dudley Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Are there any apps to help search for a local solicitor on the Dudley Building Society conveyancing panel? I have a car and am prepared to travel up to 10 kilometers to meet the solicitor.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Dudley Building Society solicitor panel.
I am purchasing a right to buy flat and getting a mortgage with Dudley Building Society. 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 Dudley 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 Dudley Building Society conveyancing panel in your location.
I have today made my last payment due on mortgage with Dudley Building Society. I assume I don't need a solicitor on the Dudley Building Society panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Dudley Building Society 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 Dudley Building Society mortgage from the register. Dudley Building Society,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 Dudley Building Society has sent the Land Registry the discharge electronically, and
the Dudley Building Society has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Dudley Building Society mortgage has been paid off.
I currently have a mortgage with with Dudley Building Society. Conveyancing has been completed a year ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Dudley Building Society?
Dudley Building Society must be informed of your intention prior to letting out your property as this is likely to be a breach of Dudley Building Society’s mortgage conditions. In many cases banks or building societies will permit you to let 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 Dudley Building Society directly. You need not do this via a Dudley Building Society conveyancing panel solicitor.
I was told two weeks ago that my mortgage has been agreed
to by Dudley Building Society. Is it usual for Dudley Building Society to only issue the offer once my
solicitor is approved on their conveyancing panel?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Dudley Building Society to deal with your lawyers application to be on the Dudley Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.