Together Personal Finance Solicitor Panel Example Support Desk Enquires from members of the public
I instructed a solicitor to work on my remortgage 4 weeks ago having applied for a mortgage with Together Personal Finance. The law firm reassured me that they are on Together Personal Finance conveyancing panel and provided me their panel reference. Together Personal Finance then called me to say that their panel number was dormant and would need to be reactivated. What happens next? Do I instruct a different law firm currently on the approved panel for Together Personal Finance?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the Together Personal Finance conveyancing panel You may wish to enlist the help of your broker to check with the Together Personal Finance as to the time frame to get your lawyer reinstated on the panel once again.
Can you clarify something for me?. My lawyer is not to blame but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Together Personal Finance was dated random date and we have agreed a date for me to move into the property on Tues etc. My solicitor says that as she is on the Together Personal Finance conveyancing panel she needs to redo the searches as they are now out of date.
One of the many conditions to being on the Together Personal Finance approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Together Personal Finance)which states that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Together Personal Finance.
I require the services of a Together Personal Finance panel solicitor in Stirling. Can you assist?
It is not clear why you need a Together Personal Finance panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Together Personal Finance to find out which solicitors in Together Personal Finance are on their panel. If you do find such a firm not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site
My lawyers in Manchester have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with Together Personal Finance. Is it case that being on the Together Personal Finance conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Together Personal Finance Conveyancing Panel Terms. It might be worth you contacting Together Personal Finance directly.
Is it the case that all conveyancing solicitors on the Together Personal Finance conveyancing panel work on a no sale no fee basis?
On the whole 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 service
I have a mortgage with Together Personal Finance. Conveyancing was finalised 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Together Personal Finance?
You must advise Together Personal Finance before letting out your property as this is likely to be a breach of Together Personal Finance’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Together Personal Finance directly. It should not be necessary to do this via a Together Personal Finance conveyancing panel firm.
Intending to buy a flat with a mortgage with Together Personal Finance. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Together Personal Finance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Together Personal Finance conveyancing panel