Aldermore Bank Conveyancing Panel Information

We are not aware of any intention on the part of the CML to develop such a search facility.

There are many reports available, five of which are as follows:

• Average time frame to send deeds to the lender (calculated from completion date or title registration)
• Number of conveyancing cases by lender
• Evidence of undertaking logs
• Buy to Let transactions
• Analysis as to the nature of clients (e.g.existing/new/seen in person)

With banks and solicitors working so closely with one another it is surprising that there has not been greater demand for the introduction of a bit of transparency regarding not just the figures for the Aldermore Bank conveyancing panel but for all lender panel listings

Your insurance brokers are your best port of call to address this question. The chances are that on the basis that you have not been removed for fraud or negligence reasons that there will be little or no impact. The main reason why a firm would be removed off of a lender panel is due to low volume of conveyancing cases although there may be a number of criteria for Aldermore Bank solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You should communicate with Aldermore Bank to obtain standard documents. The CML Handbook includes an express inquiry for lenders to enumerate who to contact to obtain standard documents. Aldermore Bank in their Part 2’s state: Please remember to disclose the firm’s Aldermore Bank solicitors panel reference.