Perenna Solicitor Panel Recently Asked Questions
from members of the public
My mortgage broker has says he needs my solicitor’s panel member for the Perenna conveyancing panel. Can you suggest how I discover this. I have e-mailed my local Perenna office but they don't know it.
You are best placed to get this information from your conveyancing lawyer. They should have a central record lender panel numbers including the Perenna panel reference.
Our son-in-law is in the process of securing a house that has just been built with a mortgage from Perenna. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Perenna conveyancing panel as a standard part of the process, and to the valuer when asked.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Perenna conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am buying a property and require a conveyancing solicitor in Newcastle who is on the Perenna conveyancing. Can you recommend a local firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Perenna . We don’t recommend any particular firm.
What happens if my solicitor is expelled from the Perenna Solicitor panel before the moving date as agreed at exchange of contracts?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Is there a list of Perenna panel solicitors on the Council of Mortgage Lender’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
My existing mortgage is with Perenna. My uncle has just retired and wants to pay off the mortgage left on the property. After Perenna 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 Perenna conveyancing panel? I do not intend to live at the property once the Perenna mortgage is discharged.
You
will need a solicitor but they need not be on the Perenna 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. There's no capital gains tax for you as it is
your main residence.
Next month my fiance and I are remortgaging a flat in Hendon. Conveyancing solicitors in Hendon will soon beretained. My agentrecommended that we enquire that the solicitor in Hendon is on the Perenna approved list of lawyers. Aren't all lawyers on the Perenna panel?
Not all Hendon conveyancing solicitors are on the Perenna conveyancing panel. 7 people a month use our search tool to search for a
Hendon conveyancing practitioner on the on the Perenna list of approved conveyancing firms.