Frequently asked questions relating to the Melton Mowbray Building Society Solicitor Panel
from members of the public
My IFA has says he needs my law firm’s panel reference for the Melton Mowbray Building Society conveyancing panel. How do I obtain this. I have e-mailed my local Melton Mowbray Building Society office but they have not got back to me yet.
Have you tried speaking to your lawyer about this?. They should have a central record lender panel numbers including the Melton Mowbray Building Society panel reference.
Our conveyancing solicitor has informed me that he requires proof of ID documents stating that this forms part of his legal duty as a solicitor on the Melton Mowbray Building Society Conveyancing panel. Am I being spun a yarn?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that Melton Mowbray Building Society also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Melton Mowbray Building Society CML Handbook requirements last updated on Melton Mowbray Building Society
Do all the licensed conveyancers and solicitor practices listed on your directory have online case tracking as I was under the impression that this was a precondition of being on the Melton Mowbray Building Society conveyancing panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
I was scheduled to complete on my flat last Friday. My lawyer’s firm is on the Melton Mowbray Building Society solicitors panel but has changed address in the past couple of months and had not advised Melton Mowbray Building Society of their new address. Melton Mowbray Building Society has locked down the release of mortgage funds as the information from the solicitors isn't correct.
This is a rare situation indeed. 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 Melton Mowbray Building Society branch or your mortgage broker to see if they can help.
We have agreed to purchase a house.One unusual aspect is that the roof has a solar panel. Melton Mowbray Building Society have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Melton Mowbray Building Society your lawyer must to check the Melton Mowbray Building Society conveyancing instructions contained in the Part of CML Handbook for Melton Mowbray Building Society . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Melton Mowbray Building Society where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.
We expect to receive a DIP from Melton Mowbray Building Society this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Melton Mowbray Building Society recommend a solicitor on the Melton Mowbray Building Society conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Melton Mowbray Building Society conveyancing panel. The solicitor represents both you and the Melton Mowbray Building Society through the process.
I had an offer accepted on an apartment on the 20th January 2014, valuation was booked 2 days later, all came back fine. Property lawyer appointed, so all that was missing was my mortgage offer. Having made daily calls to Melton Mowbray Building Society and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Melton Mowbray Building Society conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Melton Mowbray Building Society to deal with your lawyers application to be on the Melton Mowbray Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.