Common questions asked concerning the Platform Home Loans Solicitor Panel
from members of the public
My mortgage broker has says he needs my law firm’s panel reference for the Platform Home Loans conveyancing panel. How do I find this out. I have tried my local Platform Home Loans branch but they have not got back to me yet.
the sensible thing to do is ask for this information from your solicitor. 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 Platform Home Loans.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Platform Home Loans will not agree to this. Why was Platform Home Loans even consulted?
Your lawyer being on the Platform Home Loans conveyancing panel is duty bound to inform Platform Home Loans of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Platform Home Loans then they would have to discontinue acting for you and Platform Home Loans.
Do banks and building societies provide you with an approved list of solicitors? How do you know who is on the Platform Home Loans conveyancing panel?
The firms themselves provide us confirmation that they are on the Platform Home Loans conveyancing panel as opposed to being supplied with a list from Platform Home Loans directly.
My solicitors in Liverpool have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with Platform Home Loans. Is it case that being on the Platform Home Loans conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender 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 Platform Home Loans Conveyancing Panel Terms. It might be worth you contacting Platform Home Loans directly.
Are all Conveyancing Quality Solicitors on the Platform Home Loans conveyancing panel?
A selection of lenders now use CQS as the starting point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of conveyancing solicitors.
We are getting a further advance on our mortgage from Platform Home Loans as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Platform Home Loans conveyancing panel to deal with the legals?
Platform Home Loans would not normally appoint a member of their conveyancing panel to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Platform Home Loans panel
We are are remortgaging a flat in Hendon. Conveyancing solicitors in Hendon will soon beinstructed. My friendsuggested that we make sure that the conveyancing practitioner in Hendon is on the Platform Home Loans panel. Aren't all lawyers on the Platform Home Loans panel?
A limited percentage of Hendon conveyancing firms are on the Platform Home Loans conveyancing panel. 5 people a month use our search tool to search for a
Hendon conveyancing solicitor on the on the Platform Home Loans panel.