Looking for information about your firm's panel status?
Reliance Bank Conveyancing Panel: Recently Asked Questions
Do Reliance Bank or the Council of Mortgage Lenders run professional training seminars for the
Reliance Bank approved conveyancing panel in the same way that CQS run CPD Courses for accredited firms?
The Council of Mortgage Lenders (or the BSA) do not involve themselves in training but they do organise numerous general legal related conferences which are attended by firms on the Reliance Bank conveyancing panel. It is our intention to run specific lender focused seminars in the near future including a webinar on Reliance Bank’s Part 2 obligations. Practitioners on the Reliance Bank conveyancing panel are welcome. Further details will be made available as part of the LENDERmonitor P2 change Notifications.
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 click
here.
Do you have any idea what Lenders such as
Reliance Bank are asking for when it comes to applying to be on their approved conveyancing panel?
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
Reliance Bank conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):
List of fee-earners who are foreign qualified
Whether the firm has ever accepted instructions in respect of property clubs and investment schemes
Number of lender conveyancing panels the firm is currently on
Solicitor
Full complaints history for each conveyancing solicitor
House price discrepancies (declared to lender vs. registered at Land Registry)
Summary of annual accounts
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 career history for each solicitor including admission date to the relevant Law Society
List of all those staff who work within the conveyancing team
I am a partner in a CQS firm on the Reliance Bank conveyancing panel. How can we advertise our firm as carrying out conveyancing in Hendon on the Reliance Bank panel?
10 borrowers attempt to locate a conveyancer on the Reliance Bank panel each month in Hendon. Feel free to contact the Lexsure team who will tell how your firm can be found by those searching for conveyancing in Hendon.
We had our Reliance Bank panel membership suspended but we have not yet been given a reason as to why.
I am completing a CQS renewal questionnaire what details should I report?
In the circumstances please clarify on the application what action you have taken to find out the reasons behind cancellation of your
Reliance Bank 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 putting you on notice?
My firm is listed on the
Reliance Bank
conveyancing panel and all set to complete a purchase shortly. My file does not contain a Mortgage Deed for the client to sign.
Who do I contact at Reliance Bank to get a duplicate Deed?
You should communicate with Reliance Bank
to obtain standard documents. The The Council of Mortgage Lenders Handbook incorporates an express inquiry for lenders to enumerate who to contact to obtain standard documents.
Reliance Bank in their Part 2’s state:
It helps to quote the firm’s Reliance Bank conveyancing panel reference.
Find a Lawyer on the Reliance Bank Conveyancing Panel
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Average number of days to register title including a charge in favour of Reliance Bank
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2026 | [no data] |
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Reliance Bank Firms
- Draft Report on Title precedent for Reliance Bank borrowers
- Draft Anti Money Laundering PolicyTemplate for Reliance Bank panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Reliance Bank lender panel
- Buy-to-Let help for Reliance Bank
- Consent-to-Let help for Reliance Bank
- Contractor Mortgages with Reliance Bank
