Kensington Mortgage Solicitor Panel Example Support Desk Enquires from members of the public
On what basis could a firm of solicitors be removed from the Kensington Mortgage approved conveyancing panel?
A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of law firms had been removed from a lender panel. The most common reasons in order are :
- Low volume of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction
- regulatory contact by SRA
- accidental removal. We are not aware of the specific or common criteria for removal by Kensington Mortgage
I am due to move into my new home next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in has capacity as lawyer for Kensington Mortgage. What does the insurance need to cover?
All property lawyers on the Kensington Mortgage conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Kensington Mortgage’s Part 2 requirements of the CML Handbook (last updated on Kensington Mortgage). Being on the Kensington Mortgage conveyancing panel your lawyer is expect to follow these instructions.
I need to find a Kensington Mortgage panel solicitor in Stirling. Could you help me?
Unfortunately it’s not apparent why you need a Kensington Mortgage panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Kensington Mortgage to find out which solicitors in Kensington Mortgage are on their panel. If you do find such a firm not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site
I was supposed to complete on my dream home two days ago. My lawyer’s firm is on the Kensington Mortgage conveyancing panel but has moved offices in the past couple of months and had not informed Kensington Mortgage of their new address. Kensington Mortgage 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 Kensington Mortgage branch or your mortgage broker to see if they can assist.
is it true that all solicitor firms on the Kensington Mortgage conveyancing panel overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Kensington Mortgage conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
We have had an offer accepted on a house I spoke to a conveyancer recommended by my uncle and he advised instructing a law firm approved by Kensington Mortgage. The estate agent recommended two local firms so I asked Kensington Mortgage if the 2 suggested solicitors are approved, which they are not. Kensington Mortgage pointed out that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Kensington Mortgage 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Kensington Mortgage for conveyancing panel firms in your area. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the Kensington Mortgage conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Kensington Mortgage conveyancing panel as it may only take about 2-3 weeks. As long as they meet Kensington Mortgage’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
I have not been happy with the level or service received from my lawyer. Is there a Kensington Mortgage conveyancing panel complaints department or do I complain directly to the law firm?
There is little point in complaining directly to Kensington Mortgage. 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 addressed 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.