Common questions asked concerning the Mortgage Agency Services Conveyancing Panel from members of the public
I am obtaining a offer of a mortgage from Mortgage Agency Services. I hope to employ the services of a Licensed Conveyancer. Does the Mortgage Agency Services Solicitor panel include Licensed Conveyancers
Mortgage Agency Services’s conveyancing panel is, like many other lenders represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My conveyancing solicitor has requested from me ID documents stating that this forms part of his retainer as a conveyancer on the Mortgage Agency Services Conveyancing panel. This is news to me - can I refuse?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with Mortgage Agency Services your lawyer also has to check ID documents to satisfy Mortgage Agency Services
Your search tool is useful but there are many lawyers listed near Middlesbrough on the Mortgage Agency Services conveyancing panel. Can you recommend a specific firm on the conveyancing panel for Mortgage Agency Services ?
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..
My conveyancers in Leeds have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with Mortgage Agency Services. Is it case that being on the Mortgage Agency Services conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Mortgage Agency Services Conveyancing Panel Terms. It might be worth you contacting Mortgage Agency Services directly.
We have had an offer accepted on a apartment I spoke to a lawyer previously used by my dad and he recommended instructing a solicitor approved by Mortgage Agency Services. The estate agent recommended two local firms so I asked Mortgage Agency Services if the 2 suggested solicitors are approved, which they are not. Mortgage Agency Services suggested that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Mortgage Agency Services 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Enquire of Mortgage Agency Services for conveyancing panel firms in your area. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Mortgage Agency Services conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Mortgage Agency Services conveyancing panel as it may only take about 2-3 weeks. As long as they meet Mortgage Agency Services’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
I am due to exchange contracts on my flat. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Mortgage Agency Services are being pedantic. The solicitor who is on the Mortgage Agency Services conveyancing panel is recommending indemnity insurance as a solution but Mortgage Agency Services are requiring a building regulation certificate. Why do Mortgage Agency Services have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Mortgage Agency Services have referred the matter to their valuer. The reason why Mortgage Agency Services 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.
My ex -wife’s name is on the Mortgage Agency Services mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Mortgage Agency Services mortgage in order to sell?
In terms of the Mortgage Agency Services mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Mortgage Agency Services in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.