Frequently asked questions relating to the Dudley Building Society Conveyancing Panel
from members of the public
I instructed a solicitor to conveyancing on my remortgage 5 weeks ago having applied for a mortgage with Dudley Building Society. The solicitors confirmed to me that they are on Dudley Building Society conveyancing panel and gave me their panel reference. Dudley Building Society then called me to say that their panel number was dormant and would need to be reactivated. What do I do from here? Should I appoint a new solicitor currently on the approved panel for Dudley Building Society?
You may be very frustrated with the lawyer but if it only go take a few more days they it may be worth waiting as, depending on how far progressed you are you may end up delaying the transaction by a number of weeks if you need to replace your solicitor You may wish to enlist the help of your broker to check with the Dudley Building Society as to the time frame to get your lawyer reinstated on the panel once again.
Our lawyer has uncovered a legal deficiency with the lease for the apartment we are purchasing. The other side have put forward defective title insurance as a solution. We are happy with insurance and will cover the costs. Our lawyer has advised that as he is on the Dudley Building Society conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or Dudley Building Society?
Just because you have a mortgage offer from Dudley Building Society does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Dudley Building Society are the client. These conveyancing instructions must be adhered to by the Dudley Building Society conveyancing panel who has to balance acting for you and Dudley Building Society
I am buying a property and require a conveyancing solicitor in Newcastle who is on the Dudley Building Society conveyancing. Could you point me in the right direction as regards a firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Dudley Building Society . We don’t recommend any particular firm.
I am selling my house. Does my solicitor have to be on the Dudley Building Society conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Dudley Building Society 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.
Last month we had a mortgage agreed in principle with Dudley Building Society. Solicitors have been instructed? What is the average time that one could expect to receive a mortgage offer from Dudley Building Society?
Some lenders take longer than others. Have Dudley Building Society done the survey? Have you advised Dudley Building Society as your lawyers details and checked that your lawyer is on the Dudley Building Society conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I have paid off my 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 am selling my apartment. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Dudley Building Society are being pedantic. The solicitor who is on the Dudley Building Society conveyancing panel is saying indemnity insurance will be fine but Dudley Building Society are insisting on a building regulation certificate. Why do Dudley Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Dudley Building Society have referred the matter to their valuer. The reason why Dudley Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.