Frequently asked questions relating to the LiveMore Solicitor Panel
from members of the public
I have been advised by my broker that I have to pay LiveMore fees should I instruct my family lawyer. How efficient are the LiveMore conveyancing panel solicitors? I dont care which law firm I use as long as they're good and not exorbitantly priced. Are there any LiveMore conveyancers you'd recommend?
LiveMore’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 LiveMore will allow to act for them.
My conveyancer has spotted an inconsistency when comparing the surveyor’s assumptions in LiveMore’s valuation report and what is revealed within the conveyancing documents. My lawyer has advised that as he is on the LiveMore conveyancing panel he needs to check that the lender is OK with this discrepancy and is still content to lend. Is my conveyancer’s approach right?
A precondition to being on the LiveMore approved panel is to comply with the CML Handbook requirements (last updated for this lender on LiveMore) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
What tools are available to search for a local solicitor on the LiveMore conveyancing panel? I have a car and am prepared to travel up to 10 miles to meet the lawyer.
You can use 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 LiveMore solicitor panel.
My house is up for sale and I have a buyer. Does my solicitor have to be on the LiveMore conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the LiveMore 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.
My brother and I have had an offer accepted on a apartment I spoke to a lawyer previously used by my uncle and he recommended retaining a law firm approved by LiveMore. The estate agent recommended two local firms so I asked LiveMore if the 2 suggested solicitors are approved, which they are not. LiveMore pointed out that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of LiveMore 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask LiveMore for conveyancing panel firms in your area. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the LiveMore conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto LiveMore conveyancing panel as it may only take about 2-3 weeks. As long as they meet LiveMore’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
I'm at the point of looking at houses and now considering a potential offer. Should I already have a conveyancer appointed at this stage? I I am planning to take a mortgage with LiveMore
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with LiveMore , make sure you remember to check that your lawyer is on the LiveMore conveyancing panel.
LiveMore 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 LiveMore or your broker and complete any relevant paperwork. LiveMore will tell you what documents they want. LiveMore 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. LiveMore 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.