Examples of recent questions relating to the Lloyds TSB Scotland Solicitor Panel
from members of the public
My financial adviser has says he needs my solicitor’s panel member for the Lloyds TSB Scotland conveyancing panel. What is the best way to find this out. I have e-mailed my local Lloyds TSB Scotland office but they have not got back to me yet.
Have you tried speaking to your lawyer about this?. They should have a central record lender panel numbers including the Lloyds TSB Scotland panel reference.
Our grandson is purchasing a newly built flat with a home loan from Lloyds TSB Scotland. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds TSB Scotland conveyancing panel as a standard part of the process, and to the surveyor when requested.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Lloyds TSB Scotland conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I require the services of a Lloyds TSB Scotland panel solicitor in Belfast. Could you help me?
Unfortunately it’s not apparent why you need a Lloyds TSB Scotland panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Lloyds TSB Scotland to find out which solicitors in Lloyds TSB Scotland are on their panel. If you do find such a firm not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site
My grandfather passed away 10 months ago and as sole heir and executor was left the property. The house had a relatively small loan left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to Lloyds TSB Scotland , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then Lloyds TSB Scotland will insist on your using a conveyancer on the Lloyds TSB Scotland 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 Lloyds TSB Scotland 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 Lloyds TSB Scotland mortgage is registered as a charge at the Land Registry.
Are all solicitor firms on the Lloyds TSB Scotland conveyancing panel overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Lloyds TSB Scotland conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
Why might a lender such as Lloyds TSB Scotland withdraw a mortgage offer?
Lenders such as Lloyds TSB Scotland can revoke their mortgage offer although this rarely happens. should Lloyds TSB Scotland withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are many potential reasons but here are a number of examples:
Lloyds TSB Scotland may amend or withdraw an offer if the Lloyds TSB Scotland conveyancing panel solicitor is unable to confirm compliance with any of the conditions of the mortgage offer or if any of the terms of the mortgage offer cannot be satisfied
If the borrower informs Lloyds TSB Scotland of a change in security address
A cashback to the buyer, or | part of the price includes a non-cash incentive to the buyer (eg paid stamp duty land tax),or | any indirect incentive (cash or non cash) or rental guarantee, of which the lender was previously unaware
Where the lender is on notice of a restriction or a right of pre-emption which is not at market value
If the lender reasonably believe that the applicant, borrower, mortgagor or guarantor is insolvent or is about to become insolvent or has or will have a petition presented or if any one or all enter into any arrangement with their creditors generally or if any one or all should suffer a material change in their financial circumstances
I'm in the throws of looking at flats and now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I will be getting a home loan with Lloyds TSB Scotland
It would be sensible to have your start your search soon rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Lloyds TSB Scotland , make sure you remember to check that your lawyer is on the Lloyds TSB Scotland conveyancing panel.