Vida Homeloans Solicitor Panel Example Support Desk Enquires
from members of the public
My mortgage broker has asked me for my law firm’s panel reference for the Vida Homeloans conveyancing panel. Can you suggest how I discover this. I have tried my local Vida Homeloans office but they have not got back to me yet.
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 Vida Homeloans.
Our lawyer has identified a legal deficiency with the lease for the property we are buying. The seller’s lawyers have suggested defective title insurance as a workaround. We are happy with insurance and will pay for it. Our lawyer has advised that as he is on the Vida Homeloans conveyancing panel he must check that the lender is happy with this solution. Are we the client or is Vida Homeloans?
Just because you have a mortgage offer from Vida Homeloans does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Vida Homeloans are the client. These conveyancing instructions have to be complied with by the Vida Homeloans conveyancing panel who has to balance acting for you and Vida Homeloans
I note that you have a search directory listing firms on the Vida Homeloans conveyancing panel. Do firms pay you a referral fee if I instruct them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Vida Homeloans conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am purchasing a terraced house and getting a mortgage with Vida Homeloans. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Vida Homeloans conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Vida Homeloans conveyancing panel in your location.
We have a mortgage agreed in principle with Vida Homeloans. Solicitors have been appointed? How long does it take for Vida Homeloans to send the offer to our conveyancer
There is no definitive answer here. Have Vida Homeloans done the valuation? Have you advised Vida Homeloans as your lawyers details and checked that your lawyer is on the Vida Homeloans conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
Intending to buy a house with a mortgage with Vida Homeloans. 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 Vida Homeloans 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 Vida Homeloans conveyancing panel
My ex -wife’s name is on the Vida Homeloans 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 Vida Homeloans mortgage in order to sell?
As regards the Vida Homeloans 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 Vida Homeloans 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.