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approved by Mansfield Building Society
Ready to buy a new home? Failing to check that a lawyer is on the Mansfield 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 Mansfield Building Society Conveyancing Panel? How can my firm be reinstated onto the Mansfield Building Society Conveyancing Panel?Find an Approved Solicitor on the Mansfield Building Society Conveyancing Panel
FAQs : The Mansfield Building Society Solicitor Panel
Is the fact that my conveyancer is not on the Mansfield Building Society Solicitor panel that there is a problem with the quality of the firm’s conveyancing?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 3 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for Mansfield Building Society.
We are approaching an exchange and my mum and dad having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender Mansfield Building Society. Apparently, being on the Mansfield Building Society conveyancing panel and acting on their behalf he must inform Mansfield Building Society if the balance of the mortgage advance is coming from anyone other than me. I informed the bank about my parent’s contribution when I applied for the home loan so is it really necessary for him to raise this?
Your lawyer is obliged to check with Mansfield Building Society to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Mansfield Building Society if you agree, failing which, your lawyer must cease to continue acting.
Do all the licensed conveyancers and solicitor practices listed on your directory have online case tracking as I understood that this was a condition of being on the Mansfield Building Society conveyancing panel?
No. There is no CML Part 2 or Building Society Association requirement relating to online case tracking. Some law firms operate such technology and some don't.
I was due to move into my dream home two days ago. My solicitor is on the Mansfield Building Society conveyancing panel but has changed address 8 weeks ago and had not informed Mansfield Building Society of their new address. Mansfield Building Society has locked down the release of mortgage funds until such time as their systems are up to date with the correct details.
This is a rare situation indeed. Most 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 Mansfield Building Society branch or your mortgage broker to see if they can help.
I was thinking of purchasing my friend’s property. Assuming we can agree a figure, what’s the best way to move forward? I hope to get a mortgage with Mansfield Building Society. Is there anyway to cut out the solicitors to save us both money? 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 Mansfield Building Society involved you will need to appoint a solicitor on the Mansfield Building Society 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 Mansfield Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Mansfield Building Society conveyancing panel.
I'm spending time looking at houses and now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I will be getting a mortgage with Mansfield Building Society
It would be sensible to have your start your search soon rather than later. After you have chosen your lawyer 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 Mansfield Building Society , ask your prospective lawyers check they are on the Mansfield Building Society conveyancing panel otherwise they can't do the mortgage legal work.
Can I register a complaint to Mansfield Building Society about the lawyers being on the Mansfield Building Society conveyancing panel?
There is little point in complaining directly to Mansfield Building Society. Every solicitor firm and conveyancer must have a complaints procedure. Usually one can find this information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is properly dealt with by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.