Q and A’s regarding the Melton Mowbray Building Society Solicitor Panel from members of the public
My IFA has has requested my solicitor’s panel reference for the Melton Mowbray Building Society conveyancing panel. Can you suggest how I find this out. I have tried my local Melton Mowbray Building Society branch but they don't know it.
the sensible thing to do is ask for this information from your solicitor. They should have a central record lender panel numbers including the Melton Mowbray Building Society panel reference.
can you help? My conveyancer is advising me that he is legally obliged to apply for a Local Authority search as the firm are on the Melton Mowbray Building Society approved lawyer panel. Is this really necessary?
You have limited options available to you. Given that you are taking out a loan with Melton Mowbray 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 Melton Mowbray Building Society’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Melton Mowbray Building Society. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
Your search tool is useful but there are many lawyers listed near Newcastle on the Melton Mowbray Building Society conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for Melton Mowbray Building Society ?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
The lawyers that just started acting on my house acquisition in Hendon has suddenly closed. I chose them because I had to have a firm on the Melton Mowbray Building Society conveyancing panel and my previous lawyer was not. I gave them a cheque for £150 in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they advise the vendors 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 should appoint new lawyers that are on the Melton Mowbray 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
When it comes to lenders such as Melton Mowbray Building Society do lawyers have to be pay a fee to be on the conveyancing panel?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Completion of my purchase has taken place with a loan from Melton Mowbray Building Society. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about Melton Mowbray Building Society. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the Melton Mowbray Building Society branches or the Customer Care Team at Melton Mowbray Building Society head office. In most cases complaints to Melton Mowbray Building Society are resolved very quickly. However if you are not satisfied that the matter is resolved you can write to the
Financial Ombudsman Service with full details of your complaint.
Melton Mowbray Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Melton Mowbray Building Society or your broker and complete any relevant paperwork. Melton Mowbray Building Society will tell you what documents they want. Melton Mowbray Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Melton Mowbray Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.
