Co operative Bank Solicitor Panel Sample Enquires to our Call Center
from members of the public
My mortgage broker has says he needs my law firm’s panel member for the Co operative Bank conveyancing panel. What is the best way to find this out. I have tried my local Co operative Bank office but they have not got back to me yet.
You are best placed to get this information from your conveyancing lawyer. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Co operative Bank.
I am buying a newly built duplex and my conveyancer is telling me that she is duty bound to reveal incentives from the builder as her practice is on the Co operative Bank conveyancing panel. I am on a tight deadline to sign contracts and I would rather not delay matters. Can I insist on an exchange regardless of what my lawyer says about being on the Co operative Bank panel?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Co operative Bank approved panel is to comply with the CML Handbook requirements (last updated for this lender on Co operative Bank). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Do all the firms listed on your search have online case tracking as I understood that this was a condition of being on the Co operative Bank conveyancing panel?
No. There is no CML Part 2 or Building Society Association requirement relating to online case tracking. Some law firms operate such technology and some don't.
I would like to get my ex-wife taken off the mortgage deeds. Can Co operative Bank really tell me which solicitor I can or can not use?
You can use any solicitor you like but Co operative Bank then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Co operative Bank solicitors panel
How can we tell if a solicitor on the Co operative Bank panel is any good?
obtaining recommendations is a sensible starting point. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor carrying out your transaction
I am buying a property where the roof has a solar panel. Co operative Bank have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Co operative Bank your lawyer must to check the Co operative Bank conveyancing instructions contained in the Part of CML Handbook for Co operative Bank . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Co operative Bank where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. The CML are developing guidance for Northern Ireland and Scotland.
I have agreed a price on a house I spoke to a conveyancer recommended by my mum and he suggested instructing a property lawyers approved by Co operative Bank. The estate agent recommended two local firms so I asked Co operative Bank if the 2 suggested solicitors are approved, which they are not. Co operative Bank pointed out that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Co operative Bank 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Co operative Bank to suggest a law firm in your location. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the Co operative Bank conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Co operative Bank conveyancing panel as it may only take about 2-3 weeks. As long as they meet Co operative Bank’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.