Legal information

When completing Bridging Finance, both Precise and your customer will need a conveyancer to complete the necessary legal work associated with the transaction.

There are two conveyancing options available for your customers, which are detailed below.

1. Joint Representation

We work with conveyancers who have a thorough understanding of the speed and service requirements for Bridging Finance transactions.

To proceed with joint representation, your customer can choose a firm from our panel. We will instruct this firm to act on behalf of Precise and they will also act for your customer. The customer will be liable for these fees.

If your customer does not wish to instruct a conveyancer from our panel, they are under no obligation to do so. We can proceed with separate representation, allowing your customer to select their choice of conveyancer.

There may be some circumstances where joint representation may not be appropriate. Please check with your Business Development Manager if you have any questions.

2. Separate Representation

If your customer has chosen a conveyancer that is not on our panel we will each be separately represented.

To select this option – simply complete the relevant sections of the application form and tell us who the conveyancer is that your customer has chosen and instruct them accordingly. The customer can select a panel solicitor to act on their behalf, provided they meet our criteria of being SRA approved. All applications also require a firm from our panel to be selected to act for Precise. Please confirm the member of the panel that your customer has chosen to represent Precise.

Important information

The customer will be responsible for paying all the conveyancers fees, costs and disbursements including the fees of the conveyancer acting for us in connection with the Bridging Finance.

The customer should obtain a detailed quotation from both the conveyancer acting for them, and any conveyancer acting for us if we instruct a different firm to act for us.

Title Insurance

For applications up to and including £3m, title insurance may be applied to simplify the process by reducing the amount of due diligence required for the benefit of the Bank. Title insurance will be automatically applied to the customers application.

Our panel of solicitors and their services is set out in the table below.

	Firm	Contact Details	Address	Bridging		Westcor Title Insurance
				Joint Representation	Separate Representation	Joint Representation (re-mortgage transactions only)	Separate Representation (re-mortgage and purchase transactions)
England and Wales	Ackroyd Legal (London) LLP	0207 488 0461 www.stirlingackroydlegal.com	16 Prescott Street, London, E1 8AZ	✔	✔	✔	✔
	Bexley Beaumont Limited	0333 996 0640 www.bexleybeaumont.com	Centurion House, 129 Deansgate, Manchester, M3 3WR, England	✔	✔	✔	✔
	Birketts LLP	0160 323 2300 www.birketts.co.uk	Kingfisher House, 1 Gilders Way, Norwich, NR3 1UB	✔	✔	✔	✔
	Blacks Solicitors LLP	0113 207 0000 www.lawblacks.com	City Point, 29 King Street, Leeds, LS1 2HL	✔	✔	✔	✔
	BTMK Solicitors Ltd	0170 234 6677 www.btmk.co.uk	100 Alexandra Road, Southend on Sea, Essex SS1 1HQ	✔	✔	×	✔
	Bude Nathan Iwanier LLP	0208 458 5656 www.bnilaw.co.uk	1-2 Temple Fortune Parade, Bridge Lane, London NW11 0QN	✔	✔	✔	✔
	Fieldfisher	0330 460 7000 www.fieldfisher.com	17th Floor, No 1 Spinningfields, 1 Hardman Square, Manchester, M3 3EB	×	✔	×	✔
	Gordons Property Lawyers	0162 830 8380 www.gplawyers.co.uk	SC House, Vanwall Road, Maidenhead, Berkshire, SL6 4UB	✔	✔	✔	✔
	Graphene Legal Ltd	0162 536 3032 www.graphene.legal	Crown House, Manchester Road, Wilmslow, Cheshire, SK9 1BH, England	✔	✔	✔	✔
	Gunnercooke LLP	0333 014 3401 www.gunnercooke.com	1 Cornhill, London EC3V 3ND	✔	✔	✔	✔
	Harold Benjamin	0208 422 5678 www.haroldbenjamin.com	Hygeia Building, 66-68 College Road, Harrow, HA1 1BE	✔	✔	✔	✔
	HCB Widdows Mason Limited	0292 029 1704 www.hcbgroup.com/hcbwiddowsmason	Unit 4 Ashtree Court, Cardiff Gate Business Park, Cardiff, CF23 8RW	✔	✔	✔	✔
	Healys LLP	0207 822 4148    0207 822 4186 www.healys.com	Healys LLP, Atrium Court, 15-17 Jockey's Fields, London, WC1R 4BW	✔	✔	✔	✔
	JMW	0345 872 6666 www.jmw.co.uk	1 Byrom Place, Manchester, M3 3HG	✔	✔	✔	✔
	Jury O'Shea LLP	0203 330 0845 www.juryoshea.com	6th Floor, 64 North Row, Mayfair, W1K 7DA	✔	✔	✔	✔
	Lawrence Stephens Limited	0207 936 8888 www.lawrencestephens.com	50 Farringdon Road, London, EC1M 3HE	✔	✔	✔	✔
	Lightfoots	0184 421 2305 www.lightfoots.co.uk	1-3 High Street, Thame, OX9 2BX	✔	✔	✔	✔
	MSB Solicitors	0778 725 2847 www.msbsolicitors.co.uk	1st Floor, 4 St Paul’s Square, Liverpool, L3 9SJ	✔	✔	✔	✔
	Paris Smith LLP	0238 048 2482 www.parissmith.co.uk	1 London Road, Southampton, SO15 2AE	✔	✔	×	✔
	Patron Law	0203 841 7470 www.patronlaw.co.uk	2A Norland Place, London, W11 4QG	✔	✔	✔	✔
	Russell-Cooke LLP	0207 405 6566 www.russell-cooke.co.uk	8 Bedford Row, London, WC1R 4BX	✔	✔	✔	✔
	TLT LLP	0333 006 0700 www.tlt.com	3 Hardman Square, Manchester, M3 3EB	✔	✔	×	✔
	Walker Morris LLP	0113 283 2500 www.walkermorris.co.uk	33 Wellington Street, Leeds, LS1 4DL	✔	✔	✔	✔
Scotland	Aberdein Considine LLP	0333 004 4333 www.acandco.com	Ground Floor, Blenheim House, Fountainhall Road, Aberdeen, AB15 4DT	✔	×	×	×
	McVey & Murricane Solicitors	0141 333 9688 www.mmilegal.com	Albert Chambers, 13 Bath Street, Glasgow, G2 1HY	✔	✔	×	×