📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Change solicitor after mortgage offer received?

Options
I just received my mortgage offer, good news! 
But the solicitor I use, in the mean time has moved firms to another company. 
Is it a big hassle/delay to sort this out or fairly straight forward? From my research online it seems rather than amending the solicitor details the mortgage company have to issue a whole new offer. Which is just scary after having to wait so long and go through so much stress to get the offer in the first place. 

Can anyone advise on approx how long it takes to get this changed and if they will go through the whole application again as the last thing I want is something as simple as solicitor change to end up being declined some how!

Thanks

Comments

  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 20 October 2020 at 11:12AM
    Would help if you told us which lender it is, but there's no reason why it should trigger a need for a whole new application.
  • davidmcn said:
    Would help if you told us which lender it is, but there's no reason why it should trigger a need for a whole new application.
    Barclays. It won't need a whole new application but my research suggests that it will need a new offer, and when they make a new offer I assume the application is checked again, and i assume this opens up potential chance of things going wrong. Hence why I ask because my thoughts are based on my research and assumptions only. 

    Pretty stressful after waiting so long for an offer to find out that you need a new offer just to change solictors. In fact I'm not even changing solictor, just the fact that my solicitor has moved to a new company. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    While your solicitor has moved. Does the firm you appointed not have a conveyancing team?  With another solicitor taking their place. 
  • While your solicitor has moved. Does the firm you appointed not have a conveyancing team?  With another solicitor taking their place. 
    They do but I have used my solicitor in the past and had good experiences so I would rather stick to her.
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    I would stick with the firm, if they have started searches etc, if not then as long as the new firm is on the approved panel of Barclays then change away.  It might put you back a week or 3 and you may have to pay an exit fee for the firm.  Update the buyers team as well, as I cannot see any possibility of a mix up and them sending information to the old firm.
  • I would stick with the firm, if they have started searches etc, if not then as long as the new firm is on the approved panel of Barclays then change away.  It might put you back a week or 3 and you may have to pay an exit fee for the firm.  Update the buyers team as well, as I cannot see any possibility of a mix up and them sending information to the old firm.
    Thanks for the information. 
    No searches started. 
    No exit fee. 
    Lender is on panel. 
    Do you have an answer to my question on whether changing solicitor with the lender is straight forward as them updating it or if they will go through the whole application again and potentially cause issues with it somehow, that's all I wanted to know really. 

    If it's a question that nobody can answer or knows the answer to then that's fine as I appreciate it's a pretty open ended question but I thought that more experienced people may have some knowledge on this.

    Thanks. 
  • kingstreet
    kingstreet Posts: 39,258 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Some lenders contact the ceding solicitor to check this is known to them. The process is usually a simple admin alternation and the application should not face any further checks. However, as this is Barclays anything is possible.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Some lenders contact the ceding solicitor to check this is known to them. The process is usually a simple admin alternation and the application should not face any further checks. However, as this is Barclays anything is possible.
    Appreciate the informative and straight to the point response. 
    From reading up online the "anything is possible" comment applies to most if not all lenders haha
    Thanks.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.