Q and A’s regarding the Together Personal Finance Conveyancing Panel from members of the public
Can you please explain the reason why all property lawyers aren't included on the Together Personal Finance Solicitor panel?
Together Personal Finance and other lenders normally restrict either the type or the number of conveyancing practices on their panel. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that Together Personal Finance have no responsibility for the quality of advice provided by any member of Together Personal Finance Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, Conveyancing is not their speciality? To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime; probably not.
I am due to move into my new home next Thursday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Together Personal Finance. What does the insurance need to cover?
Any lawyer 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 need to find a Together Personal Finance panel solicitor in Inverness. Can you assist?
Unfortunately it’s not apparent 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
I am attempting to get my ex-husband removed the mortgage deeds. Can Together Personal Finance really tell me which solicitor I can or can not instruct?
You can use any solicitor you like but Together Personal Finance 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 Together Personal Finance solicitors panel
Hi, thinking about buying a house off my mate. Once we agree a price, what’s the best way to proceed? I hope to get a mortgage with Together Personal Finance. Is there anyway to cut out the solicitors to save on the costs? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Together Personal Finance involved you will need to appoint a solicitor on the Together Personal Finance conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Together Personal Finance. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Together Personal Finance conveyancing panel.
Completion of my remortgage has taken place with a mortgage from Together Personal Finance. Conveyancing was satisfactory but I would like to complain about Together Personal Finance. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the Together Personal Finance branches or the Customer Care Department at Together Personal Finance head office. We understand that complaints to Together Personal Finance are sorted out very quickly. 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.
Together Personal Finance have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Together Personal Finance or your broker and complete any relevant paperwork. Together Personal Finance will tell you what documents they want. Together Personal Finance will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Together Personal Finance will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.
