Vida Homeloans Conveyancing Panel Information

There are many reports available, five of which are as follows:

• Average mortgage advance
• Average time frame to register charges at the Land Registry
• Current and historic missed priority dates
• Buy to Let transactions
• Evidence of undertaking logs

In the same way that there is a unique Vida Homeloans conveyancing panel most building societies, operate a conveyancing panel for solicitors and other conveyancers that the lender will instruct. Terms and Conditions and criteria for inclusion on a building society conveyancing panel vary from lender-to-lender. Having CQS accreditation may be a requirement. Institutional lenders, such as a building society, is a client and is entitled to instruct the solicitor or conveyancer of its choosing (who, in turn, is free to accept or refuse instructions). Therefore, if lender and borrower cannot agree which solicitor or conveyancer should represent them jointly, they would usually proceed on a separate representation basis. The BSA have not published the equivalent of the UK Finance Lenders’ Handbook Part 3s.

With banks and property lawyers working so closely together it is surprising that there has not been much call for the introduction of a bit of transparency regarding not just the figures for the Vida Homeloans conveyancing panel but for all mortgage panel listings

The best placed professionals to answer this question are your insurance brokers. The chances are that on the basis that you have not been removed for fraud or negligence reasons that there will be little or no impact. The main reason why a firm would be removed off of a lender panel is due to low volume of conveyancing cases although there may be a number of criteria for Vida Homeloans solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You would be advised to contact Vida Homeloans to obtain standard documents. The The Council of Mortgage Lenders Handbook incorporates an individual inquiry for banks to set out who to contact to obtain standard documents. Vida Homeloans in their Part 2’s state: Always remember to quote the firm’s Vida Homeloans conveyancing panel number.