FAQs : The Together Personal Finance Conveyancing Panel from members of the public
Much to my surprise I have been told by my estate agent that my solicitor is not on the Together Personal Finance Conveyancing panel. How can I be sure that this is correct?
The first thing you need to do is to contact your lawyer directly. You lawyer should advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for Together Personal Finance.
I am due to complete my purchase next Tuesday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as he says that he has to check this in has capacity as lawyer for Together Personal Finance. What risks do Together Personal Finance expect the insurance to cover?
All property lawyers on the Together Personal Finance conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Together Personal Finance’s Part 2 requirements of the CML Handbook (last updated on Together Personal Finance). Being on the Together Personal Finance conveyancing panel your lawyer is expect to follow these instructions.
I have been searching for competitive conveyancing fees. Can I be confident that all the practices that are listed on your website are on the Together Personal Finance conveyancing panel?
The law firms listed on our site have advised us that they are on the Together Personal Finance panel and agreed to advise us to take down their listing in the event of removal off of the Together Personal Finance panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Together Personal Finance conveyancing panel is incorrect.
I was expecting to complete on my flat last Friday. My lawyer’s firm is on the Together Personal Finance solicitors panel but has moved offices in the past couple of months and had not informed Together Personal Finance of their new address. Together Personal Finance is now refusing to release my funds until such time as their systems are up to date with the correct details.
This is a rare situation indeed. Most 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 Together Personal Finance branch or your mortgage broker to see if they can help.
When it comes to lenders such as Together Personal Finance do solicitors 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 conveyancing lawyers on the Together Personal Finance conveyancing panel work on a no sale no fee basis?
In the main there are no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their package
We were going to get a DIP from Together Personal Finance this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Together Personal Finance recommend a solicitor on the Together Personal Finance conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Together Personal Finance conveyancing panel. The solicitor represents both you and the Together Personal Finance through the process.