Examples of recent questions relating to the Investec Conveyancing Panel from members of the public
My Conveyancer has never been on on the Investec Solicitor Panel. Can I still use my family solicitor even though they are not on the Investec panel?
You will need to have a conveyancer complete the legal work required when you take out a Investec mortgage to buy your property. They’ll carry out all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is in place. You can instruct a conveyancing firm of your choice. However, if the firm selected is not a member of the Investec conveyancing panel additional costs will be incurred as separate legal representation will be required by Investec. Conveyancing panel applications can be submitted, so if your conveyancer has not previously applied for membership they can do so.
Please assist. For no fault of my lawyer but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Investec 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 solicitor informs me that as she is on the Investec conveyancing panel she needs to reorder the searches as they are now out of date.
A precondition to being on the Investec approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Investec)which specifies 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 Investec.
How do I find a local solicitor on the Investec conveyancing panel? I have a car and am prepared to travel up to 25 kilometers to meet the conveyancer.
Feel free to make use of the find a conveyancing panel search on this website. 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 Investec solicitor panel.
We're in Wales, First time buyers purchasing with a mortgage (lender is Investec , but our solicitor is on the Investec conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Investec conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
I was told two weeks ago that my mortgage has been agreed
to by Investec. Is it usual for Investec to only issue the offer once my
solicitor is approved on their conveyancing panel?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Investec to deal with your lawyers application to be on the Investec conveyancing panel. There's no guarantee that your solicitors will be accepted.
At last I have had an offer on an apartment accepted, the seller does however have a dependent purchase. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties booked. My conveyancing solicitor has been instructed. What should be my next step? At what point should I appy for the mortgage with Investec?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Investec conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Investec and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.
Sometime soon me and my wife are purchasing a flat in Hendon. Conveyancing solicitors in Hendon are preferred to beappointed. My fatheradvised that we enquire that the conveyancer in Hendon is on the Investec approved list of lawyers. Aren't all lawyers on the Investec panel?
A limited percentage of Hendon conveyancing solicitors are on the Investec conveyancing panel. Click here to find a Hendon conveyancing firm on the on the Investec solicitors pane.
