Q and A’s regarding the Manchester Building Society Conveyancing Panel
from members of the public
I have just been informed by my mortgage adviser that my lawyer is not on the Manchester Building Society Conveyancing panel. What can I do to be certain that this is indeed the case?
You need to contact your conveyancer. You lawyer should advise you of the situation. If they are not on the panel they may recommend you to a firm that is on the conveyancing panel for Manchester Building Society.
Please help. My lawyer is advising me that she is duty-bound to apply for a Local Authority search because the firm are on the Manchester Building Society approved lawyer panel. Do I not have a choice here?
You have limited options available to you. Given that you are taking out a loan with Manchester Building Society your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of Manchester Building Society’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Manchester Building Society. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
I see that you have a search directory identifying firms on the Manchester Building Society conveyancing panel. Do firms pay you a commission if I appoint them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Manchester Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I was supposed to move into my first house two days ago. My lawyer’s firm is on the Manchester Building Society conveyancing panel but has moved offices 8 weeks ago and had not informed Manchester Building Society of their new address. Manchester Building Society has locked down the release of mortgage funds until such time as their systems are up to date with the correct details.
This is as unusual as it is unlucky. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Manchester Building Society branch or your mortgage broker to see if they can help.
Is it the case that all conveyancing solicitors on the Manchester Building Society conveyancing panel work on a no sale no fee basis?
There is generally no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their package
We have a mortgage agreed in principle with Manchester Building Society. Solicitors have been instructed? How long does it take for Manchester Building Society to send the offer to our conveyancer
There is no definitive answer here. Have Manchester Building Society completed the valuation? Have you advised Manchester Building Society as your lawyers details and checked that your lawyer is on the Manchester Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
I recently had an offer accepted on an apartment. My financial adviser recommended their conveyancers I paid an upfront payment of 200. Soon after the conveyancers contacted me to say that they were not on the Manchester Building Society 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 Manchester Building Society 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.