Q and A’s regarding the Stafford Railway Building Society Conveyancing Panel from members of the public
My mortgage broker has says he needs my law firm’s panel member for the Stafford Railway Building Society conveyancing panel. Can you suggest how I discover this. I have called my local Stafford Railway Building Society branch but they don't know it.
You are best placed to get this information from your conveyancing lawyer. 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 Stafford Railway Building Society.
Our property lawyer has informed me that he requires personal identification documents asserting that this is part of his obligations as a conveyancer on the Stafford Railway Building Society Conveyancing panel. Am I being spun a yarn?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer is right that Stafford Railway Building Society also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Stafford Railway Building Society CML Handbook requirements last updated on Stafford Railway Building Society
I have been looking for online conveyancing estimates. Can I be confident that all the practices that are listed on your directory are on the Stafford Railway Building Society conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have advised us that they are on the Stafford Railway Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Stafford Railway Building Society panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Stafford Railway Building Society conveyancing panel is not accurate.
I am considering applying for a Stafford Railway Building Society mortgage for purchase of a new build (under development) with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Stafford Railway Building Society?
In theory, you could use a solicitor that is not on Stafford Railway Building Society conveyancing panel, but Stafford Railway Building Society would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
After much negotiation I have agreed a price on a house. My mortgage broker pressured me to appoint their lawyers I paid an upfront payment of 175. Soon after the conveyancers contacted me to say that they were not on the Stafford Railway Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Stafford Railway Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My ex -wife’s name is on the Stafford Railway Building Society 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 Stafford Railway Building Society mortgage in order to sell?
As regards the Stafford Railway Building Society 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 Stafford Railway Building Society 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.
Next month my fiance and I are taking a long lease of a house in Hendon. Conveyancing solicitors in Hendon will soon beinstructed. My brokerrecommended that we check that the solicitor in Hendon is on the Stafford Railway Building Society solicitors panel. Is this really necessary?
Far from all Hendon conveyancing firms are on the Stafford Railway Building Society conveyancing panel. 5 people a month use our search tool to search for a Hendon conveyancing practitioner on the on the Stafford Railway Building Society approved list of lawyers.
