Find a Law Firm
approved by Scottish BS
Ready to buy a new home? Failing to check that a lawyer is on the Scottish BS list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?
How does my firm apply to be on the Scottish Building Society Conveyancing Panel? How can my firm be reinstated onto the Scottish Building Society Conveyancing Panel?Find an Approved Solicitor on the Scottish Building Society Conveyancing Panel
Scottish Building Society Solicitor Panel Sample Enquires to our Call Center
I instructed a firm of solicitors to carry out on my remortgage 5 weeks ago having applied for a mortgage with Scottish Building Society. The law firm confirmed to me that they are on Scottish Building Society conveyancing panel and provided me their panel reference. Scottish Building Society then told me 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 Scottish Building Society?
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 Scottish Building Society conveyancing panel You may wish to enlist the help of your broker to check with the Scottish Building Society as to how long they think it will take to get the firm to get back on the panel.
My conveyancer is asking me for proof of ID documents saying that this is part of his legal duty as a solicitor on the Scottish Building Society Conveyancing panel. Is this right?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that Scottish Building Society also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Scottish Building Society CML Handbook requirements last updated on Scottish Building Society
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Scottish Building Society conveyancing panel. My lawyer has said that they are on the Scottish 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 Scottish 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 Scottish Building Society solicitor panel.
I was expecting to complete on my flat last Thursday. My lawyer’s firm is on the Scottish Building Society conveyancing panel but has changed address 8 weeks ago and had not informed Scottish Building Society of their new address. Scottish Building Society is now refusing to release my funds until such time as their systems are up to date with the correct details.
This is a rare situation indeed. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Scottish Building Society branch or your mortgage broker to see if they can help.
I had instructed online conveyancers located in Manchester who are on the Scottish Building Society solicitor panel. They have just invoiced me a separate fee of £150 for dealing with the Scottish Building Society mortgage. Is this an additional conveyancing fee set by Scottish Building Society?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Scottish Building Society but by your lawyers. Some firms on the Scottish Building Society will charge an ‘acting for lender’ fee and others do not.
My wife and I have arranged a further advance on our mortgage from Scottish Building Society as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Scottish Building Society conveyancing panel to deal with the legals?
Scottish Building Society do not ordinarily instruct firms on their conveyancing panel to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Scottish Building Society panel
Planning on purchasing a house with a mortgage with Scottish Building Society. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Scottish Building Society 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 Scottish Building Society conveyancing panel