Suffolk Building Society Conveyancing Panel Example Support Desk Enquires
from members of the public
Is the fact that my conveyancer is not isted on the Suffolk Building Society Conveyancing panel that there is a problem with the standard of the firm’s conveyancing?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 3 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for Suffolk Building Society.
Can you help?. For no fault of my lawyer but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Suffolk Building Society was dated random date and we have agreed a date for me to move into the property on 10 days inc Day of week eg. Mon. My solicitor informs me that as she is on the Suffolk Building Society conveyancing panel she needs to reorder the searches as they are no longer acceptable to the lender.
One of the many conditions to being on the Suffolk Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Suffolk Building Society)which states that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Suffolk Building Society.
I am buying a property and require a conveyancing solicitor in Leeds who is on the Suffolk Building Society approved. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Suffolk Building Society . We don’t recommend any particular firm.
I am trying to get my ex-wife removed the mortgage deeds. Can Suffolk Building Society really insist on which solicitor I can or can not instruct?
You can use any solicitor you like but Suffolk Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Suffolk Building Society solicitors panel
I have decided to exercise my right to buy my property off the council. I have a mortgage offer with Suffolk Building Society. 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 Suffolk Building Society you will need to appoint a solicitor on the Suffolk Building Society conveyancing panel.
Completion of my remortgage has taken place with a mortgage from Suffolk Building Society. Conveyancing was a necessary evil but I would like to complain about Suffolk Building Society. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the Suffolk Building Society branches or the Customer Services Team at Suffolk Building Society head office. Ordinarily complaints to Suffolk Building Society are sorted out effectively and efficiently. If you feel that the matter is not resolved you can write to the
Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
My ex -wife’s name is on the Suffolk 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 Suffolk Building Society mortgage in order to sell?
As regards the Suffolk 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 Suffolk 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.