Handelsbanken Conveyancing Panel Information

Although not necessarily published, lenders have varying criteria . We do not hold specific requirements relating to the questions raised as part of the application to be on the Handelsbanken conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):

List of all solicitors within firm

Details of any accreditation e.g. Lexcel or

Number of partners per branch of the firm

Full complaints history for each licensed conveyancer

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.

Automated alerting to inform lenders when there is a fundamental change to the firm (e.g. new disciplinary action)

Full disciplinary history for each licensed conveyancer

Whether any lender has ever made a claim against the firm’s PII cover

List of all those staff who work within the conveyancing team

Full disciplinary history for each conveyancing solicitor

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

• Average mortgage advance
• Average time frame to send deeds to the lender (calculated from completion date or title registration)
• Disclosure/Notification to Lender analysis indicating frequency and nature of disclosures - to include benchmarking analysis against aggregate data
• Average time frame to register charges at the Land Registry
• Buy to Let transactions

With mortgage companies and conveyancing firms working so closely with one another it is surprising that there has not been much call for the introduction of a bit of transparency regarding not just the figures for the Handelsbanken conveyancing panel but for all mortgage panels

You should provide details of the date of removal, information on the reason for removal, date of appeal and any reason given for reinstatement. This should not adversely impact your firm’s application but gives the Law Society viability as to what has happened.

You would be advised to communicate with Handelsbanken to obtain standard documents. The CML Handbook includes an individual inquiry for banks to cite who to contact to obtain standard documents. Handelsbanken in their Part 2’s state: Don’t forget to disclose the firm’s Handelsbanken solicitors panel number.