Frequently asked questions relating to the Stafford Railway Building Society Solicitor Panel
from members of the public
How easy is it to change a solicitor as I need to find one who is on the Stafford Railway Building Society conveyancing panel. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
Please help. My lawyer is advising me that she is duty-bound to conduct a Local Authority search because the firm are on the Stafford Railway Building Society solicitor panel. The searches cost a lot of money. Can this be avoided?
You have limited options available to you. As you are taking a mortgage with Stafford Railway 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 Stafford Railway Building Society’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Stafford Railway Building Society. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
Are the lawyers identified as being on the Stafford Railway Building Society conveyancing panel, together with their details provided by Stafford Railway Building Society?
The firms themselves provide us confirmation that they are on the Stafford Railway Building Society conveyancing panel as opposed to being supplied with a list from Stafford Railway Building Society directly.
I was scheduled to complete on my dream home last Thursday. My solicitor is on the Stafford Railway Building Society conveyancing panel but has changed address 8 weeks ago and had not advised Stafford Railway Building Society of their new address. Stafford Railway Building Society is now refusing to release my funds as the information from the solicitors isn't correct.
This is a rare situation indeed. 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 Stafford Railway Building Society branch or your mortgage broker to see if they can assist.
When it comes to lenders such as Stafford Railway 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.
Is it the case that all solicitor practices on the Stafford Railway Building Society conveyancing panel regulated by the SRA?
As a firm of solicitors, in order to be on the Stafford Railway Building Society conveyancing panel they would need to be regulated by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
I am due to exchange contracts on my flat. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Stafford Railway Building Society are being a right pain. The solicitor who is on the Stafford Railway Building Society conveyancing panel is recommending indemnity insurance as a solution but Stafford Railway Building Society are insisting on a building regulation certificate. Why do Stafford Railway Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Stafford Railway Building Society have referred the matter to their valuer. The reason why Stafford Railway Building Society 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.