Clydesdale Bank Solicitor Panel Example Support Desk Enquires from members of the public
I am expecting a mortgage offer from Clydesdale Bank. I intend to use a Licensed Conveyancer. Does the Clydesdale Bank Conveyancing panel include Licensed Conveyancers
Clydesdale Bank’s conveyancing panel is, like many other lenders associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Expecting to move into my new home next Monday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as he informs me that he is duty bound to validate that it is in order for Clydesdale Bank. What does the insurance need to cover?
All property lawyers on the Clydesdale Bank conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Clydesdale Bank’s Part 2 requirements of the CML Handbook (last updated on Clydesdale Bank). Being on the Clydesdale Bank conveyancing panel your lawyer is expect to follow these instructions.
I require the services of a Clydesdale Bank panel solicitor in Inverness. Could you help me?
It is not clear why you need a Clydesdale Bank panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Clydesdale Bank to find out which solicitors in Clydesdale Bank are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
We're in Liverpool, First timers buying with a mortgage (lender is Clydesdale Bank , but our lawyer is on the Clydesdale Bank conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale Bank conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
Do most lenders operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Clydesdale Bank conveyancing panel requirements are different to Clydesdale Bank’s conveyancing panel requirements.
I have today made my last payment due on mortgage with Clydesdale Bank. I assume I don't need a solicitor on the Clydesdale Bank panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Clydesdale Bank mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Clydesdale Bank mortgage from the register. Clydesdale Bank,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the Clydesdale Bank has sent the Land Registry the discharge electronically, and
the Clydesdale Bank has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Clydesdale Bank mortgage has been paid off.
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Clydesdale Bank. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Clydesdale Bank you will need to appoint a solicitor on the Clydesdale Bank conveyancing panel.
