Find a Law Firm
approved by AccordBTL
Ready to buy a new home? Failing to check that a lawyer is on the AccordBTL list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?
How does my firm apply to be on the Accord Buy to Let Conveyancing Panel? How can my firm be reinstated onto the Accord Buy to Let Conveyancing Panel?Find an Approved Solicitor on the Accord Buy to Let Conveyancing Panel
Common questions asked concerning the Accord Buy to Let Solicitor Panel
The lawyer I wanted to use for conveyancing on a remortgage said she will levy higher legal fees if my lender is because of their unusual legal requirements. Will I regret using Accord Buy to Let? Is Accord Buy to Let conveyancing so much more difficult?
Accord Buy to Let conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the Accord Buy to Let conveyancing panel. If they are not, this does add further risk of delay as Accord Buy to Let will appoint their own solicitors to look after their interest.
Much to my surprise my conveyancing solicitor has informed me that he requires ID documents asserting that this is part of his retainer as a conveyancer on the Accord Buy to Let Solicitor panel. Can this be correct?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that Accord Buy to Let also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Accord Buy to Let CML Handbook requirements last updated on Accord Buy to Let
I have been Googling for competitive conveyancing fees. Can I be confident that all the firms that are listed on your website are on the Accord Buy to Let conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have assured us via an online form that they are on the Accord Buy to Let panel and agreed to advise us to take down their listing in the event of removal off of the Accord Buy to Let panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Accord Buy to Let conveyancing panel is not accurate.
My solicitors in London have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with Accord Buy to Let. Is it case that being on the Accord Buy to Let conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Accord Buy to Let Conveyancing Panel Terms. It might be worth you contacting Accord Buy to Let directly.
We are getting a further advance on our mortgage from Accord Buy to Let as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Accord Buy to Let conveyancing panel to deal with the paperwork?
Accord Buy to Let would not normally appoint a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Accord Buy to Let list
I have a mortgage with Accord Buy to Let. Conveyancing was finalised months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Accord Buy to Let?
Your original mortgage agreement with Accord Buy to Let will provide that you need their approval in advance of renting your property as this is likely to be a breach of Accord Buy to Let’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Accord Buy to Let directly. You need not do this via a Accord Buy to Let conveyancing panel lawyer.
Accord Buy to Let have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Accord Buy to Let or your broker and complete any relevant paperwork. Accord Buy to Let will tell you what documents they want. Accord Buy to Let will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Accord Buy to Let will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.
Other Topics
Transfer of Equity for Accord Buy to LetPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors