Royal Bank of Scotland Conveyancing Panel Example Support Desk Enquires from members of the public
My lawyer is not listed on the Royal Bank of Scotland Solicitor Panel. Is it possible for me to use my preferred solicitor even though they are excluded from the Royal Bank of Scotland list of approved lawyers?
The most common options here are as follows:
- Complete the purchase with your preferred lawyers but Royal Bank of Scotland will need to instruct a lawyer on the Royal Bank of Scotland conveyancing panel. This will result in additional cost and potential delay.
- Get a new solicitor to act in the purchase, obviously checking they are on the Royal Bank of Scotland conveyancing panel.
- Convince your lawyer to do everything within their powers to join the Royal Bank of Scotland conveyancing panel
I am purchasing a newly built apartment and my solicitor is advising me that she is duty bound to reveal incentives from the developer as her practice is on the Royal Bank of Scotland conveyancing panel. I am under pressure to exchange and I would rather not prolong the conveyancing. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Royal Bank of Scotland approved panel is to comply with the CML Handbook requirements (last updated for this lender on Royal Bank of Scotland). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
What tools are available to find a local solicitor on the Royal Bank of Scotland conveyancing panel? I have a car and am prepared to travel up to 10 kilometers to meet the lawyer.
You can use the find a conveyancing panel tool on this website. 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 Royal Bank of Scotland solicitor panel.
My grandmother passed away last year and as sole heir and executor was left the house. The house had a small mortgage remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Royal Bank of Scotland , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then Royal Bank of Scotland will insist on your using a conveyancer on the Royal Bank of 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 Royal Bank of 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 Royal Bank of Scotland mortgage is registered as a charge at the Land Registry.
When it comes to lenders such as Royal Bank of Scotland do lawyers have to be pay a fee to be on the conveyancing panel?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I am buying a property where the roof has a solar panel. Royal Bank of Scotland have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Royal Bank of Scotland your lawyer must to check the Royal Bank of Scotland conveyancing instructions contained in the Part of CML Handbook for Royal Bank of Scotland . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Royal Bank of Scotland where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.
Hi, thinking about buying a house off my mate. Once we agree a price, what’s the best way to proceed? I plan to obtain a mortgage with Royal Bank of Scotland. Is there anyway to cut out the solicitors to save us both money? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Royal Bank of Scotland involved you will need to appoint a solicitor on the Royal Bank of Scotland conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Royal Bank of Scotland. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Royal Bank of Scotland conveyancing panel.