M&S Bank Conveyancing Panel : Questions and Answers
from members of the public
My financial adviser has informed me that I have to pay M&S Bank fees should I instruct my family lawyer. How good are the M&S Bank conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and not exorbitantly priced. Would you recommend a specific law firm on the M&S Bank panel?
M&S Bank’s conveyancing panel is pretty large 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 M&S Bank will allow to act for them.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company M&S Bank will not agree to this. Why was M&S Bank even consulted?
Your lawyer being on the M&S Bank conveyancing panel is duty bound to inform M&S Bank of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to M&S Bank then they would have to discontinue acting for you and M&S Bank.
How up to date is your database of lawyers on the M&S Bank conveyancing panel? Do M&S Bank send you an updated list?
The law firm practices themselves provide us confirmation that they are on the M&S Bank conveyancing panel as opposed to being supplied with a list from M&S Bank directly.
I am attempting to get my ex-husband taken off the mortgage deeds. Can M&S Bank really tell me which solicitor I can or can not instruct?
You can use any solicitor you like but M&S Bank then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the M&S Bank solicitors panel
I was thinking of purchasing my friend’s property. Once we agree a price, what’s the best way to proceed? I plan to obtain a mortgage with M&S Bank. Is it possible to avoid using solicitors to save on the costs? My dad reckons back in the day he did a lot of it himself, just went into the land registry office and providing them with the info they needed himself
If you are getting a mortgage with M&S Bank involved you will need to appoint a solicitor on the M&S Bank 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 M&S Bank. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the M&S Bank conveyancing panel.
After much negotiation I have agreed a price on a house. My financial adviser suggested a solicitor I paid an upfront payment of 225. Soon after the conveyancers contacted me to say that they were not on the M&S Bank conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the M&S Bank panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My brother and I are buying a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon are about to begiven the go-ahead. My friendsuggested that we check that the solicitor in Hendon is on the M&S Bank solicitors panel. Aren't all lawyers on the M&S Bank panel?
Far from all Hendon conveyancing solicitors are on the M&S Bank conveyancing panel. Click here to search for a Hendon conveyancing solicitor
on the on the M&S Bank panel.