FAQs : The Rely Mortgages Solicitor Panel from members of the public
My financial adviser has informed me that I have to pay Rely Mortgages fees should I instruct my family lawyer. How efficient are the Rely Mortgages conveyancing panel solicitors? I dont care which law firm I use as long as they're good and reasonably priced. Are there any Rely Mortgages conveyancers you'd recommend?
Rely Mortgages’s conveyancing panel is pretty large so it would be advisable to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that Rely Mortgages will allow to act for them.
My husband and I are refinancing our maisonette with Rely Mortgages. We have a son 19 who lives with us. The solicitor on the Rely Mortgages conveyancing panel has asked us to disclose any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the property is forfeited by the lender. I have a couple of concerns (1) Is this form unique to the Rely Mortgages conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) Does our son by signing this giving up his rights to inherit the property?
First, rest assured that your Rely Mortgages conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Rely Mortgages .This is solely used to protect the Rely Mortgages if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.
It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Rely Mortgages had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
How do I find a local solicitor on the Rely Mortgages conveyancing panel? I have a car and am prepared to travel up to 25 miles to meet the solicitor.
You can use the find a conveyancing panel search on this website. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Rely Mortgages solicitor panel.
I was supposed to complete on my first house yesterday. My lawyer’s firm is on the Rely Mortgages conveyancing panel but has moved offices in the past couple of months and had not advised Rely Mortgages of their new address. Rely Mortgages is now refusing to release my funds until such time as their systems are up to date with the correct details.
This is as unusual as it is unlucky. The majority of 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 Rely Mortgages branch or your mortgage broker to see if they can assist.
I am currently in the process of buying my council flat. I have a mortgage agreed with Rely Mortgages. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Rely Mortgages you will need to appoint a solicitor on the Rely Mortgages conveyancing panel.
At last I have had an offer on an apartment accepted, the seller does however have a dependent purchase. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties booked. My conveyancing solicitor has been instructed. What should be my next step? At what point should I appy for the mortgage with Rely Mortgages?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Rely Mortgages conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Rely Mortgages and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.
We are are taking a long lease of a penthouse in Hendon. Conveyancing solicitors in Hendon are about to beinstructed. My agentadvised that we make sure that the property lawyer in Hendon is on the Rely Mortgages approved list of lawyers. Is this really necessary?
A limited percentage of Hendon conveyancing solicitors are on the Rely Mortgages conveyancing panel. Use the above search tool to search for a Hendon conveyancing practitioner on the on the Rely Mortgages solicitors pane.