FAQs : The West Bromwich Building Society Conveyancing Panel from members of the public
My financial adviser has says he needs my solicitor’s panel member for the West Bromwich Building Society conveyancing panel. Can you suggest how I discover this. I have called my local West Bromwich Building Society office but they cant find it on their system.
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 West Bromwich Building Society.
Can you help?. For no fault of my lawyer but, my purchase conveyancing has been going on for months. The Local Authority Search from West Bromwich Building Society was date stamped 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 lawyer informs me that as she is on the West Bromwich Building Society conveyancing panel she needs to reorder the searches as they are now out of date.
One of the many conditions to being on the West Bromwich Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on West Bromwich 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 West Bromwich Building Society.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the West Bromwich Building Society conveyancing panel. My lawyer has said that they are on the West Bromwich Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the West Bromwich Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the West Bromwich Building Society solicitor panel.
I am purchasing a semi-detached house and getting a mortgage with West Bromwich Building Society. 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 West Bromwich Building Society 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 West Bromwich Building Society conveyancing panel in your location.
We expect to receive a DIP from West Bromwich Building Society this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the West Bromwich Building Society recommend a solicitor on the West Bromwich Building Society 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 West Bromwich Building Society conveyancing panel. The solicitor represents both you and the West Bromwich Building Society through the process.
My husband and I are at the point of looking at flats and am about to put in an offer. Is it premature to have a solicitor in place? I I am planning to take a home loan with West Bromwich Building Society
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with West Bromwich Building Society , make sure you remember to check that your lawyer is on the West Bromwich Building Society conveyancing panel.
It is not clear whether my mortgage offer requires a lease extension . I have called West Bromwich Building Society on numerous occasions and told it wasn't a problem and they would lend. My solicitor - who is on the West Bromwich Building Society conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. I simply dont know who is right
As long as the conveyancer is on the West Bromwich Building Society panel she or he must comply with the CML Handbook requirements for West Bromwich Building Society. Unless your lawyer obtains specific confirmation in writing that West Bromwich Building Society will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask West Bromwich Building Society to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.