Change Date: 06/12/2023
Association: UK Finance
Jurisdiction: England and Wales
Index: v.2023 No.1188


Policy changes relevant to
HSBC UK Bank Solicitor Panel

Updated 27/11/2023 06/12/2023
10.2b- What is the minimum number of days notice lenders require? We require your Certificate of Title to be submitted with not less than 6 working days’ notice.
You should also
ensure that all pre completion queries are resolved prior to submitting the CoT to us, see section 1.11b for Contact Points for queries.

All Certificates
of Title must be submitted in electronic form using the LMS Conveyancer Zone Portal. Certificates of Title submitted via any other method or in any other form will not be accepted.

You must specify the completion day in the Certificate of Title and also the day on which you would like to receive the mortgage advance (which should either be the working day prior to the completion day or the completion day itself).
Prerequisites for submission:

You MUST
ensure that all pre completion queries are resolved prior to submitting the Certificate of Title (CoT) to us, see section 1.11b for Contact Points for queries.

WARNING: Any pre completion queries outstanding at time
of submission or received after CoT submission, will result in rejection of the CoT. A new CoT will then need to be submitted once all queries are resolved.

NOTE: where there is more than one loan on the mortgage offer, only one CoT is required.

Submission:

You MUST give us a minimum of 6 working days’ notice.

The CoT
must be submitted in electronic form using the LMS Conveyancer Zone Portal.

A CoT
submitted via any other method or in any other form will not be accepted.

You must specify the completion day in the CoT and also the day on which you would like to receive the mortgage advance (which should either be the working day prior to the completion day or the completion day itself).