Bradford & Bingley Conveyancing Panel Information

The CML do not keep duplicates of the Part 2's pre-December 2010. The CML advise that you contact Bradford & Bingley directly.

Criteria differ from lender to lender. We do not hold specific requirements relating to the questions raised as part of the application to be on the Bradford & Bingley conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):

Full career history for each solicitor including admission date to the relevant Law Society

Firm name, address and contact details including all branches (including evidence of existence through risk-based physical visits and Google Streetview checks)

Whether the firm has ever accepted instructions in respect of property clubs and investment schemes

Full complaints history for each licensed conveyancer

Number of lender conveyancing panels the firm is currently on

List of all solicitors within firm

Structure of firm and, where applicable, its group

Number of partners per branch of the firm

The percentage of the firm’s business which is conveyancing (broken down into sale

conveyancer client account(s) details

You have a number of obligations in this regard which are to followed if you wish to comply with your lender client’s instructions as set out in the UK Finance Lenders’ Handbook. First, You must take reasonable steps to verify that there are no discrepancies between the description of the property as valued and the title and other documents which a reasonably competent conveyancer should obtain, and, if there are, you must tell Bradford & Bingley immediately. (II) You should take reasonable steps to verify that the assumptions stated by the valuer about the title (for example, its tenure, easements, boundaries and restrictions on its use) in the valuation and as stated in Bradford & Bingley’s mortgage offer are correct. If they are not, please let Bradford & Bingley know as soon as possible as it will be necessary for Bradford & Bingley to check with the valuer whether the valuation needs to be revised. Bradford & Bingley conveyancing panel solicitors are not expected to assume the role of valuer. Bradford & Bingley are simply trying to ensure that the valuer has valued the property based on correct information. (c) Bradford & Bingley recommend that you should advise the borrower that there may be defects in the property which are not revealed by the inspection carried out by their valuer and there may be omissions or inaccuracies in the report which do not matter to them as a lender but which would matter to the borrower. Bradford & Bingley recommend that, if we send a copy of a valuation report that Bradford & Bingley have obtained, you should also advise the borrower that the borrower should not rely on the report in deciding whether to proceed with the purchase and that he obtains his own more detailed report on the condition and value of the property, based on a fuller inspection such as a homebuyers report or comprehensive survey. If you do not receive a copy of the valuation you can always ask for a copy of one from Bradford & Bingley or the borrower. You still need to comply with the UK Finance Lenders’ Handbook Requirement relating to valuation reports even if you don't receive one directly. Failure to comply not only runs the risk of facing a claim by the lender but also being removed from the Bradford & Bingley conveyancing panel

In the circumstances please explain on the form what steps you have taken to discover the reasons behind cancellation of your Bradford & Bingley panel status. In particular please provide details if you have received communications from the lender. E.G. before cessation of your panel membership did you receive any letters or calls from the lender informing you as to why they reached this decision?

You would be advised to get in touch with Bradford & Bingley to obtain standard documents. The The Council of Mortgage Lenders Handbook has an individual question for lenders to set out who to contact to obtain standard documents. Bradford & Bingley in their Part 2’s state: Always remember to quote your Bradford & Bingley conveyancing panel reference.