Mansfield Building Society Solicitor Panel Recently Asked Questions from members of the public
How easy is it to change a solicitor as I need to find one who is on the Mansfield Building Society conveyancing panel. Is it practical to instruct different lawyers?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
Please assist. My lawyer is not to blame but, my purchase conveyancing has been going on for months. The Local Authority Search from Mansfield Building Society was dated random date and we have agreed a date for me to move into the property on Tues etc. My lawyer informs me that as she is on the Mansfield Building Society conveyancing panel she needs to redo the searches as they are now out of date.
One of the many conditions to being on the Mansfield Building Society approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Mansfield Building Society)which states 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 Mansfield Building Society.
How do I find a local solicitor on the Mansfield Building Society conveyancing panel? I have a car and am prepared to travel up to 10 miles to meet the solicitor.
Feel free to make use of 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 Mansfield Building Society solicitor panel.
The firm that just started acting on my purchase in London has without warning closed. I chose them because I had to have a solicitor on the Mansfield Building Society conveyancing panel and my preferred lawyer was not. I paid them £200 on account. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Mansfield Building Society conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to assist
I was thinking of purchasing my friend’s property. Assuming we can agree a figure, what’s the best way to proceed? I hope to get a mortgage with Mansfield Building Society. 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 Mansfield Building Society involved you will need to appoint a solicitor on the Mansfield Building Society 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 Mansfield Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Mansfield Building Society conveyancing panel.
In what circumstances might Mansfield Building Society amend or withdraw their mortgage offer?
Lenders such as Mansfield Building Society can revoke their mortgage offer although this is unusual. If Mansfield Building Society withdraw their offer they may or may not inform you or the lawyer as to the reasons why. There are various possible reasons but here are a few examples:
- Where information comes to Mansfield Building Society ‘s attention regarding the customers or the security that they were not aware of prior to offer that affects their original decision to lend
- Where the purchase price and borrowers direct contribution differ to details on the mortgage application form completed by the borrower
- Where to proceed with the Mortgage offer would be unlawful
- Following advice from the property assessor on their lender panel or If the lender has doubts about the effectiveness of the valuation as a result of subsequent events or information received post valuation but pre completion
- Where the lender is on notice of a restriction or a right of pre-emption which is not at market value
I am selling my apartment. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Mansfield Building Society are being problematic. The solicitor who is on the Mansfield Building Society conveyancing panel is saying indemnity insurance will be fine but Mansfield Building Society are requiring a building regulation certificate. Why do Mansfield Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Mansfield Building Society have referred the matter to their valuer. The reason why Mansfield Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.
