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approved by Hanley Economic Building Society
Ready to buy a new home? Failing to check that a lawyer is on the Hanley Economic Building Society list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Hanley Economic Building Society Conveyancing Panel? How can my firm be reinstated onto the Hanley Economic Building Society Conveyancing Panel?Find an Approved Solicitor on the Hanley Economic Building Society Conveyancing Panel
FAQs : The Hanley Economic Building Society Conveyancing Panel
What is the rationale as to why all solicitors aren't included on the Hanley Economic Building Society Solicitor panel?
As unjust as it may seem for Hanley Economic Building Society to restrict who can act for them from the public’s or solicitor’s point of view, the other side of the coin is that the lenders are becoming ever more anxious and feel the necessary need to protect them from mortgage fraud and other illegal activities. As a result of this concern Hanley Economic Building Society are limiting their panel of approved conveyancing lawyers to a size that they are happy to control. The Hanley Economic Building Society conveyancing panel is not the smallest
Much to my surprise my solicitor has requested from me ID documents asserting that this is part of his requirements as a solicitor on the Hanley Economic Building Society Conveyancing panel. Is this right?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with Hanley Economic Building Society your lawyer also has to check ID documents to satisfy Hanley Economic Building Society
I require the services of a Hanley Economic Building Society panel solicitor in Inverness. Could you help me?
It is not clear why you need a Hanley Economic Building Society panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Hanley Economic Building Society to find out which solicitors in Hanley Economic Building Society are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
I would like to get my former partner taken off the mortgage deeds. Can Hanley Economic Building Society really tell me which solicitor I can or can not instruct?
You can use any solicitor you like but Hanley Economic Building Society 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 Hanley Economic Building Society solicitors panel
Are all Conveyancing Quality Solicitors on the Hanley Economic Building Society conveyancing panel?
A selection of banks and building societies now use CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
After much negotiation I have agreed a price on a house. My mortgage broker pressured me to appoint their lawyers I paid an upfront payment of 175. Soon after the conveyancers contacted me to say that they were not on the Hanley Economic Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Hanley Economic Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am due to exchange contracts on my house. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Hanley Economic Building Society are being pedantic. The solicitor who is on the Hanley Economic Building Society conveyancing panel is saying indemnity insurance will be fine but Hanley Economic Building Society are requiring a building regulation certificate. Why do Hanley Economic Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Hanley Economic Building Society have referred the matter to their valuer. The reason why Hanley Economic Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.