Examples of recent questions relating to the Market Harborough Building Society Solicitor Panel from members of the public
A solicitor I wanted to use for conveyancing on a remortgage said he will levy higher legal fees if my mortgage is with Market Harborough Building Society due to their unusual legal requirements. Will I regret using Market Harborough Building Society? Is Market Harborough Building Society conveyancing so much more difficult?
Market Harborough Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the Market Harborough Building Society conveyancing panel. If they are not, this does add further risk of delay as Market Harborough Building Society will appoint their own solicitors to look after their interest.
I am due to move into my new home next Tuesday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Market Harborough Building Society. What risks do Market Harborough Building Society expect the insurance to cover?
Any lawyer on the Market Harborough Building Society conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Market Harborough Building Society’s Part 2 requirements of the CML Handbook (last updated on Market Harborough Building Society). Being on the Market Harborough Building Society conveyancing panel your lawyer is expect to follow these instructions.
I am searching for online conveyancing estimates. Can I be confident that all the law firms that are listed on your website are on the Market Harborough Building Society conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have advised us that they are on the Market Harborough Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Market Harborough Building Society panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Market Harborough Building Society conveyancing panel is incorrect.
My house is up for sale and I have a buyer. Does my solicitor have to be on the Market Harborough Building Society conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Market Harborough Building Society 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 existing mortgage is with Market Harborough Building Society. My uncle has just retired and wants to pay off the mortgage left on the property. After Market Harborough Building Society is paid, I want to transfer the property to my mother's name; How long does the process take? Do we need two separate solicitors on the Market Harborough Building Society conveyancing panel? I do not intend to live at the property once the Market Harborough Building Society mortgage is discharged.
You
will need a solicitor but they need not be on the Market Harborough Building Society conveyancing panel.
You will need a solicitor to draw up the transfer and
to deal with the Land Registry formalities. The only thing you need to
consider is that by selling at an undervalue so ask your lawyer about
the implications. There could be an inheritance tax issue if you die
within 7 years of this. As the property is your main residence you need
not pay CGT but you should speak with your accountants in any event.
Can I register a complaint to Market Harborough Building Society about the lawyers being on the Market Harborough Building Society conveyancing panel?
There is little point in complaining directly to Market Harborough Building Society. Every solicitor firm and conveyancer must have a complaints procedure. Usually one can find this information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is properly dealt with by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.
Sometime soon me and my wife are buying a flat in Hendon. Conveyancing solicitors in Hendon are about to begiven the go-ahead. My friendsuggested that we double-check that the conveyancing practitioner in Hendon is on the Market Harborough Building Society list of approved conveyancing firms. Aren't all lawyers on the Market Harborough Building Society panel?
It is not that case that all Hendon conveyancing solicitors are on the Market Harborough Building Society conveyancing panel. Use the above search tool to locate a Hendon conveyancing firm on the on the Market Harborough Building Society list of approved conveyancing firms.
