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Molo Finance Buy to Let Conveyancing Panel: Recently Asked Questions
Are Molo Finance Buy to Let Conveyancing panel solicitors under an obligation to disclose incentives?
Molo Finance Buy to Let’s answer to this question can be found at section 6.4.4 of their CML Part 2 requirements
I am on the Molo Finance Buy to Let conveyancing panel. Can I get an archived copy of a Molo Finance Buy to Let Part 2 from the CML?
The Council of Mortgage Lenders do not maintain data sets of P2 requirements pre-December 2010. The CML recommend you contact Molo Finance Buy to Let directly.
Is there a standard appeals process to prevent solicitors from being unfairly removed them from lender conveyancing panels?
We have come across many solicitors who feel they have been removed from lenders’ panels without an explanation or a good
reason. It is highly unlikely, given that lenders have distanced
themselves from creating a standardised appeals process for
brokers, that an appeals process will be introduced for
lawyers. Commenting on the call by brokers to have a standardised
process the CML said’ “While we understand that some lenders do have
an appeals process, it would not be appropriate for a trade body such
as the CML to seek to be prescriptive about such a process.” Some
lenders do of course set out an appeals policy. The Law Society does
have information on it’s site that may be of assistance. If you would
like to talk to one of our compliance experts about our Lender Panel
Protection Service please contact us.
Do publish figures exists regarding the
Molo Finance Buy to Let conveyancing panel size and the number of conveyancing firms removed from their panel each year?
With lenders and solicitors working so closely together it is surprising that there has not been greater demand for the introduction of a bit of transparency regarding not just the figures for the
Molo Finance Buy to Let conveyancing panel but for all bank panels
We had our Molo Finance Buy to Let panel membership revoked but we have not yet been given a reason as to why.
I am completing a CQS application questionnaire what details do I need to put forward?
In the circumstances please clarify on the application what action you have taken to discover the reasons behind cancellation of your
Molo Finance Buy to Let panel membership.
In particular please provide details if you have received communications from the lender. E.G. before termination of your panel membership did you receive any letters or calls from the lender putting you on notice?
Our practice is on the
Molo Finance Buy to Let
conveyancing panel and due to complete a remortgage within the next few weeks. My papers do not include a Legal Charge for the client to execute.
Who do I contact at Molo Finance Buy to Let to obtain duplicate documents?
You should contact Molo Finance Buy to Let
to obtain standard documents. The The Council of Mortgage Lenders Handbook has an individual inquiry for lenders to cite who to contact to obtain standard documents.
Molo Finance Buy to Let in their Part 2’s state:
It is likely that you will need to disclose the firm’s Molo Finance Buy to Let solicitors panel reference.
Find a Lawyer on the Molo Finance Buy to Let Conveyancing Panel
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Average number of days to register title including a charge in favour of Molo Finance Buy to Let
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
| 2020 | [no data] |
| 2019 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Molo Finance Buy to Let Firms
- Draft Report on Title precedent for Molo Finance Buy to Let borrowers
- Draft Anti Money Laundering PolicyTemplate for Molo Finance Buy to Let panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Molo Finance Buy to Let lender panel
- Buy-to-Let help for Molo Finance Buy to Let
- Consent-to-Let help for Molo Finance Buy to Let
- Contractor Mortgages with Molo Finance Buy to Let
