Lender Conveyancing Panel
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Buyer’s Solicitor Not on the Lender’s Panel: Can the Sale Still Proceed?
A seller had been waiting for more than 11 weeks after accepting an offer. Their own onward purchase was approaching exchange, but the buyer still did not have a mortgage offer because the buyer’s solicitor was not on the proposed lender’s conveyancing panel. The solicitor had reportedly applied to join the panel, but the seller…
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I Paid My Solicitor £500 Before Discovering They Were Not on My Lender’s Panel
A buyer paid £500 before discovering that the chosen solicitor was not on the mortgage lender’s panel. What happens next, and how can other buyers avoid the same mistake?