Q and A’s regarding the Royal Bank of Scotland Conveyancing Panel
from members of the public
I am hoping to receive a mortgage with Royal Bank of Scotland. my intention is to instruct a Licensed Conveyancer. Does the Royal Bank of Scotland Solicitor panel allow for conveyancers regulated by the CLC
Royal Bank of Scotland’s approved solicitor list is, like many other lenders associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
We are getting closer to an exchange and my mum and dad having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender Royal Bank of Scotland. Apparently, being on the Royal Bank of Scotland conveyancing panel and acting on their behalf he must inform Royal Bank of Scotland if the balance of the mortgage advance is not just from me. I advised the bank about my parent’s contribution when I applied for the home loan so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Royal Bank of Scotland to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Royal Bank of Scotland if you agree, failing which, your lawyer must cease to continue acting.
I require the services of a Royal Bank of Scotland panel solicitor in Belfast. Could you help me?
Unfortunately it’s not apparent why you need a Royal Bank of Scotland panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Royal Bank of Scotland to find out which solicitors in Royal Bank of Scotland 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 Wales, First timers buying with a mortgage (lender is Royal Bank of Scotland , but our solicitor is on the Royal Bank of Scotland conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Royal Bank of Scotland 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 the majority of 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 Royal Bank of Scotland conveyancing panel requirements are different to Royal Bank of Scotland’s conveyancing panel criteria.
My fiance and I are spending time looking at flats and am about to put in an offer. Is it premature to have a solicitor in place? I I am planning to take a mortgage with Royal Bank of 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 Royal Bank of Scotland , make sure you remember to check that your lawyer is on the Royal Bank of Scotland conveyancing panel.
Can I register a complaint to Royal Bank of Scotland about the lawyers being on the Royal Bank of Scotland conveyancing panel?
Complaining to Royal Bank of Scotland about their conveyancing panel is unlikely to yield much of a response. All solicitors and conveyancer must have a complaints procedure. You can get information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is properly dealt with by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.