Danske Bank Conveyancing Panel Information

Paragraph 16.2.1 of Part 1 of the Handbook applicable to a solicitor on the Danske Bank conveyancing panel reads ‘Our mortgage secures further advances. Consequently, when a further advance is required for alterations or improvements to the property we will not normally instruct a member of our conveyancing panel but if you are instructed the appropriate provisions of this Handbook will apply’.

We only know of a couple of lenders that operate a separate approved solicitors panel where the mortgage advance is over a certain threshold. You should nevertheless check directly with Danske Bank. 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 Danske Bank

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 Danske Bank conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):

Whether the firm has ever knowingly accepted instructions on transactions involving Sale and Rent Back, Back to Back, Exchange and Delayed Completion and Lease Option, Below Market Value.

Full complaints history for each licensed conveyancer

Full career history for each licensed conveyancer including registration date with Council of Licensed Conveyancers

Solicitor

List of all those who fund the firm, including non-lawyers if applicable

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

Charge registration history

Automated alerting to inform lenders when there is a fundamental change to the firm (e.g. change of ownership)

Whether the firm is able to operate in other jurisdictions

Full complaints history for each conveyancing solicitor

Most lenders do not operate a specific buy to let conveyancing panel but we are hearing about a few that do. We do not know what the position is with Danske Bank as at todays date. If you're about to receive instructions from a client on a buy to let purchase with a mortgage from Danske Bank we suggest that you call Danske Bank to check the position.

You should supply details of the date of removal, information on the reason for removal, date of appeal and any reason given for reinstatement. This should not negatively affect your application but gives the Law Society a complete picture of what has happened.

You need to communicate with Danske Bank to obtain standard documents. The CML Handbook incorporates an express section for banks to cite who to contact to obtain standard documents. Danske Bank in their Part 2’s state: Please remember to quote your Danske Bank solicitors panel reference.