When completing a mortgage, both Precise Mortgages and your customer will need a conveyancer to complete the necessary legal work associated with the transaction.
Precise Mortgages operate an approved panel of conveyancers for limited company mortgages relates to term lending for properties in England & Wales only (“Limited Company Buy to Let Conveyancer Panel”). Only firms on our approved limited company panel of conveyancers can act on these limited company mortgages. The customer will be responsible to pay all conveyancing costs incurred in accordance with the fixed fee schedule. Please refer to option 3 below for a list of firms on our closed Limited Company Buy to Let Conveyancer Panel and fixed fee schedule.
If a limited company application relates to Scottish property this needs to be referred to the Scotland Preferred Conveyancer Panel at option 1 below.
If this is a bridging application in England & Wales only please refer to the Preferred Bridging Conveyancer Panel in bridging finance.
There are four conveyancing options available for your customers:
Our Preferred Conveyancer Panel consists of conveyancing firms that we have worked with for some time and provide nationwide coverage across our lending areas.
Where a customer selects a member of our Preferred Conveyancer Panel for representation in the mortgage transaction, we will instruct the chosen firm on behalf of Precise Mortgages and your customer.
Important informationPrecise Mortgages no longer operates a set tariff of fees for conveyancing work. Your customer should negotiate the fees they pay direct with their chosen conveyancer.
| England and Wales | |||
|---|---|---|---|
| Blacks Solicitors LLP | 0113 227 9396 | www.blacksconnect.co.uk | City Point, 29 King Street, Leeds, LS1 2HL |
| Goldsmith Williams-Gwlegal | 0345 373 3737 | gw.legal | 4th Floor, 20 Chapel Street, Liverpool, L3 9GW |
| Gordons Property Lawyers | 0844 770 9898 | www.gplawyers.co.uk | SC House, Vanwall Road, Maidenhead, Berkshire, SL6 4UB |
| JMW Solicitors | 0345 872 6666 | www.jmw.co.uk | 1 Byrom Place, Manchester, M3 3HG |
| Swiitch (a trading name of Shoosmiths LLP) | 0370 086 8788 | www.swiitch.law | The Lakes, Northampton, Bedford Road, NN4 7SH |
| Scotland | |||
| Aberdein Considine | 0122 458 9700 | www.acandco.com | 8 & 9 Bon-Accord Crescent, Aberdeen, AB11 6DN |
| McDougall McQueen (a trading name of Allan McDougall McQueen LLP) |
T: 0131 228 1926 F: 0131 228 9193 |
www.mcdougallmcqueen.co.uk | 103-105 Bruntsfield Place, Edinburgh, EH10 4EQ |
| Gilson Gray | 0131 516 5378 | www.gilsongray.co.uk | 29 Rutland Square, Edinburgh, EH1 2BW |
| 0141 530 2021 | 160 West George Street, Glasgow, G2 2HQ | ||
| McVey & Murricane | 0141 333 9688 | www.mmilegal.com | Albert Chambers, 13 Bath Street, Glasgow, G2 1HY |
| Moray Legal Ltd | 0330 127 2600 | www.moray.group | The Forsyth Building, 5 Renfield Street, Glasgow, G2 5EZ |
| Strefford Tulips Ltd |
T: 0169 842 9428 F: 0169 830 3020 |
www.strefford-tulips.co.uk | Muirbrow Chambers, 118 Cadzow Street, Hamilton, South Lanarkshire, ML3 6HP |
| VMH Solicitors | Tel: 0131 661 5911 | www.vmh.co.uk | 43-45 Easter Road Edinburgh EH7 5PL |
| Wallace Quinn & Co Ltd | 0141 771 3911 | www.wallacequinn.co.uk | Suite 1/3 21 Glasgow Road Baillieston G69 6JT |
| Your Conveyancer | 0344 576 7777 | www.yourconveyancer.co.uk | East Port House, 12 East Port, Dunfermline, KY12 7JB |
Alternatively, your customer is able to choose an approved conveyancer from our Core Conveyancer Panel for England and Wales, providing more choice in representation.
See our Core Conveyancer Panel here.
Important informationPrecise Mortgages no longer operates a set tariff of fees for conveyancing work. Your customer should negotiate the fees they pay direct with their chosen conveyancer.
When choosing a member of our Core Conveyancer Panel, it is the responsibility of your customer to instruct their chosen conveyancer direct.
Any limited company application would need to select a solicitor from our Limited Company Buy to Let Conveyancer Panel of approved solicitors and the customer will incur fixed costs that they will need to pay.
Alternatively, an applicant can use their own solicitor, provided they meet our criteria. However, the applicant must select one of the solicitors from our Limited Company Buy to Let Conveyancer Panel to act for Precise and the applicant will be liable for both sets of fees.
Your customer can choose a conveyancer who does not appear on either of our panels. They will need to instruct their own conveyancer and will also need to choose a member of our Preferred Conveyancer Panel except for limited company applications which must use our Limited Company Buy to Let Conveyancer Panel to act for Precise Mortgages.
Please note they will be responsible for paying both conveyancers legal fees which must be agreed direct with the conveyancer. Precise Mortgages will instruct the conveyancer chosen to represent them from the Preferred Conveyancer Panel except for limited company applications which will be instructed from our Limited Company Buy to Let Conveyancer Panel, but your customer will be responsible for instructing the conveyancer they have chosen to represent them.
When submitting limited company applications for term lending on properties in England & Wales only, please ensure your client is using a solicitor from our Limited Company Conveyancer Panel. Please note, it is in our absolute discretion to amend our panel from time to time. We’re not accepting any new applications to this panel at this time.
Download our combined buy to let and residential mortgage submission guide to help provide a smooth application process for you and your customer.
Monday - Friday: 9am - 5pm
Wednesday: 9:30am to 5pm
excluding bank holidays
Precise Mortgages,
2 Charter Court, PO Box 6037,
Wolverhampton, WV1 9QW.
0800 116 4385
