Marsden Building Society Conveyancing Panel Example Support Desk Enquires
from members of the public
My IFA has says he needs my law firm’s panel reference for the Marsden Building Society conveyancing panel. How do I discover this. I have e-mailed my local Marsden Building Society branch but they have not got back to me yet.
Have you tried speaking to your lawyer about this?. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Marsden Building Society.
My solicitor has uncovered a difference between the surveyor’s assumptions in Marsden Building Society’s home valuation report and what is in the legal papers for the property. My solicitor informs me that as he is on the Marsden Building Society conveyancing panel he is duty bound to ensure that the lender is happy with this discrepancy and is content go ahead. Is my lawyer’s course or action right?
A precondition to being on the Marsden Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Marsden Building Society) 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 you.
I am searching for online conveyancing estimates. Can I be sure that all the firms that are listed on your site are on the Marsden Building Society conveyancing panel?
The law firms listed on our site have advised us that they are on the Marsden Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Marsden Building Society panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Marsden Building Society conveyancing panel is incorrect.
I am purchasing a right to buy flat and getting a mortgage with Marsden Building Society. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Marsden Building Society conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Marsden Building Society conveyancing panel in your location.
Is it the case that all conveyancing solicitors on the Marsden Building Society conveyancing panel regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Marsden Building Society conveyancing panel they would need to be regulated by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
I was thinking of purchasing my friend’s property. Once we agree a price, what’s the best way to proceed? I hope to get a mortgage with Marsden Building Society. Is there anyway to cut out the 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 Marsden Building Society involved you will need to appoint a solicitor on the Marsden 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 Marsden Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Marsden Building Society conveyancing panel.
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Marsden Building Society. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Marsden Building Society you will need to appoint a solicitor on the Marsden Building Society conveyancing panel.