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Lloyds Solicitor Panel: Recently Asked Questions
Are Lloyds Conveyancing panel lawyers duty bound to disclose incentives?
Lloyds’s answer to this question can be found at section 6.4.4 of their CML Part 2 requirements
my firm is on the Lloyds conveyancing panel. Can I get an archived copy of a Lloyds Part 2 from the CML?
The CML do not hold historic copies of the Part 2's Pre January 2011. The CML advise that you make a request of Lloyds directly.
Can a practice submit a complaint to the CML about being suspended from the Lloyds conveyancing panel?
The CML is not a regulator and therefore will not advise on grievances against lenders. You can of course contact Lexsure to see if we can assist.
An established client of mine is buying a property for £700,000 in Leeds requiring a mortgage advance over GBP 500k.
I am on the
Lloyds conveyancing panel but do Lloyds have a separate approved panel when the advance is above 350k?
We only know of two or three banks that operate a separate conveyancing panel where the mortgage advance is over a certain amount.
You should nevertheless check directly with
Lloyds. At one stage HSBC would only allow Sole
practitioners to act for them where the mortgage was below
£150,000. We are not sure if HSBC still operate such a condition. In
your case it is best to check with Lloyds
Lockton’s PII renewal form questions if my practice had been excluded from any mortgage panels in the last year.
I just found out that the firm is no longer on the
Lloyds solicitor panel? Is this likely to impact my PII cover?
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 Lloyds solicitor panel
membership. Please remember that it is always important that you
complete your insurance forms accurately.
Our practice is on the
Lloyds
conveyancing panel and due to complete a remortgage shortly. I can not locate a Legal Charge for the client to execute.
Who do I contact at Lloyds to obtain duplicate documents?
You would be advised to get in touch with Lloyds
to obtain standard documents. The CML Handbook includes an explicit section for banks to cite who to contact to obtain standard documents.
Lloyds in their Part 2’s state:
You will need to disclose your Lloyds solicitors panel reference.
Find a Lawyer on the Lloyds Conveyancing Panel
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Average number of days to register title including a charge in favour of Lloyds
This information relates to purchase only and not remortgages.
Year | Days* |
---|---|
2025 | [no data] |
2024 | [no data] |
2023 | [no data] |
2022 | [no data] |
2021 | [no data] |
2020 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
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