DB UK Bank Conveyancing Panel Sample Enquires to our Call Center
from members of the public
I was advised recently by my IFA that my the law firm I have appointed is not on the DB UK Bank Conveyancing panel. What can I do to be certain that this is indeed the case?
The first thing you need to do is to contact your lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a firm that is on the the approved DB UK Bank solicitor panel.
Our solicitor has uncovered a legal deficiency with the lease for the property we are buying. The seller’s lawyers have offered title insurance as a solution. We are content with insurance and will pay for it. Our lawyer has advised that as he is on the DB UK Bank conveyancing panel he must be satisfied that the lender is happy with this solution. Are we the client or is DB UK Bank?
Just because you have a mortgage offer from DB UK Bank does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and DB UK Bank are the client. These conveyancing instructions must be adhered to by the DB UK Bank conveyancing panel who has to balance acting for you and DB UK Bank
Are there any apps to help search for a local solicitor on the DB UK Bank conveyancing panel? I have a car and am prepared to travel up to 20 miles to meet the solicitor.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the DB UK Bank solicitor panel.
My grandmother passed away six months ago and as sole heir and executor was left the property. The house had a small mortgage remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to DB UK Bank , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then DB UK Bank will insist on your using a conveyancer on the DB UK Bank conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your DB UK Bank conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the DB UK Bank mortgage is registered as a charge at the Land Registry.
Are all Conveyancing Quality Solicitors on the DB UK Bank conveyancing panel?
A selection of lenders now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
We expect to receive a DIP from DB UK Bank this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the DB UK Bank recommend a solicitor on the DB UK Bank conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the DB UK Bank conveyancing panel. The solicitor represents both you and the DB UK Bank through the process.
Intending to buy a house with a mortgage with DB UK Bank. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the DB UK Bank conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the DB UK Bank conveyancing panel