Examples of recent questions relating to the Foundation Home loans Conveyancing Panel
from members of the public
I have been advised by my broker that I have to pay Foundation Home loans fees if I use my own solicitor. How good are the Foundation Home loans conveyancing panel solicitors? I dont care which law firm I use provided that they are good and reasonably priced. Are there any Foundation Home loans conveyancers you'd recommend?
Foundation Home loans’s conveyancing panel is substantial so your best bet is just to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that Foundation Home loans will allow to act for them.
I am due to complete my purchase next Friday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Foundation Home loans. What risks do Foundation Home loans expect the insurance to cover?
Any lawyer on the Foundation Home loans conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Foundation Home loans’s Part 2 requirements of the CML Handbook (last updated on Foundation Home loans). Being on the Foundation Home loans conveyancing panel your lawyer is expect to follow these instructions.
I am buying a property and need a conveyancing solicitor in Leeds who is on the Foundation Home loans conveyancing. Could you point me in the right direction as regards a solicitor?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Foundation Home loans . We don’t recommend any particular firm.
My grandmother passed away six months ago and as sole heir and executor was left the property. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Foundation Home loans , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Foundation Home loans will insist on your using a conveyancer on the Foundation Home loans conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Foundation Home loans conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Foundation Home loans mortgage is registered as a charge at the Land Registry.
Is it the case that all conveyancing solicitors on the Foundation Home loans conveyancing panel regulated by the SRA?
As a firm of solicitors, in order to be on the Foundation Home loans conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
I was thinking of purchasing my friend’s property. Assuming we can agree a figure, what’s the best way to proceed? I plan to obtain a mortgage with Foundation Home loans. Is it possible to avoid using solicitors to save on the costs? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Foundation Home loans involved you will need to appoint a solicitor on the Foundation Home loans conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Foundation Home loans. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Foundation Home loans conveyancing panel.
Sometime soon me and my wife are taking a long lease of a flat in Hendon. Conveyancing solicitors in Hendon need to beappointed. My agentadvised that we enquire that the conveyancer in Hendon is on the Foundation Home loans approved list of lawyers. Aren't all lawyers on the Foundation Home loans panel?
Far from all Hendon conveyancing practices are on the Foundation Home loans conveyancing panel. 5 people a month use our search tool to find a
Hendon conveyancing lawyer on the on the Foundation Home loans approved list of lawyers.