Rooftop Mortgages Conveyancing Panel Information

No such training is arranged by the CML although they do organise a number of general legal related conferences which are attended by firms on the Rooftop Mortgages conveyancing panel. We do intend to run specific lender focused seminars in the coming months including a webinar on Rooftop Mortgages’s Part 2 obligations. Solicitors on the Rooftop Mortgages conveyancing panel will be invited. Information about the webinar will be made available as part of the LENDERmonitor Alerts.

The fact of the matter is that estate agents are suffering if their clients start out on the conveyancing process having appointed a solicitor who is not on the panel with the purchaser’s chosen lender. Many conveyancing firms are only discovering when they begin working on a case that they are no longer able to work with that lender. Given the inevitable resultant delays in the transaction the chances of an abortive deal increases dramatically. in the circumstances there is understandable anguish on the part of the estate agent as a result of the lost time should the client have to change solicitors .

We only know of two or three banks that operate a distinct conveyancing panel where the mortgage advance is over a certain threshold. You should nevertheless check directly with Rooftop Mortgages. At one stage HSBC would only allow Sole practitioners to act for them where the mortgage was below £150,000. We are not sure if HSBC still operate such a condition. In your case it is best to check with Rooftop Mortgages

9 borrowers search for a solicitor on the Rooftop Mortgages panel on a monthly basis in Hendon. Please contact the team at lenderpanel.com to see how your firm can be listed by those searching for conveyancing in Hendon.

In this situation please explain on the application what action you have taken to find out the reasons behind cancellation of your Rooftop Mortgages panel status. In particular please provide details if you have received communications from the lender. E.G. before revocation of your panel membership did you receive any letters or calls from the lender putting you on notice?

You would be advised to get in touch with Rooftop Mortgages to obtain standard documents. The The Council of Mortgage Lenders Handbook contains an individual inquiry for lenders to establish who to contact to obtain standard documents. Rooftop Mortgages in their Part 2’s state: It helps to quote the firm’s Rooftop Mortgages conveyancing panel number.