Looking for information about your firm's panel status?
DB UK Bank Solicitor Panel: Recently Asked Questions
Are the CML planning on creating a online directory search tool with a view
to to identify practices on the
DB UK Bank conveyancing panel?
We are not aware of any intention on the part of the CML to develop such a search facility.
DB UK Bank would like me to act for them alone on a residential conveyancing transaction , using the CML Lender’s Handbook. The borrower has his own solicitor (not on the
DB UK Bank conveyancing panel) How does this work and are there different requirements from DB UK Bank in this situation?
The Council of Mortgage Lenders, together with
DB UK Bank and other stakeholders created a standard set of requirements where a conveyancer is representing a lender such as DB UK Bank alone in a residential conveyancing matter.
These requirements are contained at Part Three of the UK Finance Lenders’ Handbook and are to be read in conjunction with Parts 1 & 2.
The CML have published an example requirements letter to the borrower’s lawyer for use by the lender's conveyancer, and sets out to the borrower's conveyancer, the documentary and information requirements of the lender's panel conveyancer.
Is there a standard appeals process to prevent solicitors from being unfairly removed them from lender conveyancing panels?
There are thousands of firms across the UK who feel aggrieved claiming that they have been removed from lenders’ panels without an explanation or a good
reason. It is highly unlikely, given that lenders have distanced
themselves from creating a standardised appeals process for
brokers, that an appeals process will be introduced for
lawyers. Commenting on the call by brokers to have a standardised
process the CML said’ “While we understand that some lenders do have
an appeals process, it would not be appropriate for a trade body such
as the CML to seek to be prescriptive about such a process.” Some
lenders do of course set out an appeals policy. The Law Society does
have information on it’s site that may be of assistance. If you would
like to talk to one of our compliance experts about our Lender Panel
Protection Service please contact us.
I recently attended a seminar arranged via my PI broker where it was mentioned that solicitors are being sued for non-compliance with CML PII obligations . I am on the
DB UK Bank conveyancing panel can you tell me how Part 2 changes took place by
DB UK Bank during 2013?
During 2013, 74 sections of the UK Finance Lenders’ Handbook P2 were changed by
DB UK Bank. Some changes are more important than others but as a firm on the
DB UK Bank conveyancing panel you are of course obliged to comply with individual lender requirements, as set out in Part II of the UK Finance Lenders’ Handbook. Locktons have recently pointed out in an article that non-compliance with Part 2 requirements account for a number of high value claims, and it is therefore important to be aware of any particularly onerous terms that an individual lender may impose.
Remember: CML requirements are not guidelines; they are the lender client’s instructions.
Every so often I read a LENDERmonitor notification but I don't see that many important changes. For example, My firm on the
DB UK Bank conveyancing panel and get an alerts simply telling me a change of address. Isn't that just noise?
It is important that you take note of such changes because sending a communication or deeds to the wrong address can cause delays that might not only affect your borrower client but also affect your ability to remain on the
DB UK Bank conveyancing panel. Lets say that DB UK Bank change their requirements as to where their panel firm send the deeds.
Do you change the details in your case management system? Is this recorded anywhere? Is this communicated to the staff? By virtue of your COT DB UK Bank you are giving assurances that you will forward the relevant documents within 10 days of receiving the Title Information Document. Leaving to one side whether you are in breach of an undertaking in sending it to the wrong address, you run the risk of
DB UK Bank suspending you off the panel because they are not receiving the deeds in accordance with the COT. It will not be a valid excuse to say that you sent it to their old address.
St Giles’ PII renewal form enquires if my firm had been excluded from any lender panels in the last year.
I recently discovered that the firm is no longer on the
DB UK Bank solicitor panel? Is this likely to effect my insurance?
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 DB UK Bank solicitor panel
membership. Please remember that it is always important that you
complete your insurance forms accurately.
My firm is listed on the
DB UK Bank
conveyancing panel and all set to complete a remortgage shortly. I dont have a Mortgage Deed for the client to sign.
Who do I contact at DB UK Bank to get a duplicate Deed?
You need to contact DB UK Bank
to obtain standard documents. The The Council of Mortgage Lenders Handbook includes an individual inquiry for lenders to establish who to contact to obtain standard documents.
DB UK Bank in their Part 2’s state:
Always remember to disclose your DB UK Bank conveyancing panel reference.
Find a Lawyer on the DB UK Bank Conveyancing Panel
powered by LenderPanel
Average number of days to register title including a charge in favour of DB UK Bank
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
Other related topics:
- CQS policy templates and procedures for accredited DB UK Bank Firms
- Draft Report on Title precedent for DB UK Bank borrowers
- Draft Anti Money Laundering PolicyTemplate for DB UK Bank panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the DB UK Bank lender panel
- Buy-to-Let help for DB UK Bank
- Consent-to-Let help for DB UK Bank
- Contractor Mortgages with DB UK Bank
