Looking for information about your firm's panel status?
Atom Bank Solicitor Panel: Recently Asked Questions
Will the fact that my firm has signed up to Alerts via this site assist in my application to join the Atom Bank conveyancing panel?
The criteria to join the Atom Bank conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
Given my firm’s membership on the Atom Bank conveyancing panel how long am I expected to keep hold of the complete conveyancing file?
The CML Part II requirements of
Atom Bank are silent on this. Most lenders deal with the question of file retention via their Terms of panel appointment where they generally provide that for evidential purposes, the firm must keep the file for at least of 6 years from the date of the mortgage. Data imagining is normally
suitable compliance with this requirement. Many lenders point out in
that it is the practice of some fraudsters to demand the conveyancing
file on completion in order to destroy evidence that may later be
used against them. It is therefore important to retain these
documents to protect Atom Bank’s interest. To be
absolutely sure of Atom Bank requirements in this regard
please check the Terms and Conditions of Atom Bank’s
conveyancing panel acceptance.
Do lenders such as
Atom Bank operate detached conveyancing panel for buy to let mortgages?
The majority of 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
Atom 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
Atom Bank we suggest that you call
Atom Bank to check the position.
My lawyers pass me the odd LENDERmonitor alert but I rarely see change of note. By way of illustration, I am on the
Atom Bank conveyancing panel and get an alerts only advising of a change of address. Why is that of any relevance?
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
Atom Bank solicitor panel. Is possible next month that Atom Bank change their requirements as to where the post completion documents should be sent.
Do you update the details in your CMS? Do you make a note? Is this information passed on to secretaries and assistants? In your Certificate of Title to Atom Bank you are giving assurances that you will forward the relevant documents within 10 days of receiving the TID. Leaving to one side whether you are technically breaching an undertaking in sending it to the wrong address, you run the risk of
Atom 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 an out of date postal address or DX details.
We are a 3-partner firm on the Atom Bank conveyancing panel. Do you have ideas as to how we can market our practice as carrying out conveyancing in Hendon authorised to act forAtom Bank?
15 people search for a solicitor on the Atom Bank panel each month in Hendon. Feel free to contact the Lexsure team who will tell how your firm can be listed by those searching for conveyancing in Hendon.
Does CQS accreditation guarantee my firm’s acceptance on to lenders conveyancing panels?
The Law Society’s CQS membership is no guarantee to lender panel acceptance. Nevertheless the Council of Mortgage Lenders have indicated that it is likely to become a prerequisite for firms wishing to remain on their approved list of firms. A number of mortgage companies now use CQS as the starting point for Panel approval such as Santander.
My firm is listed on the
Atom Bank
conveyancing panel and due to complete a remortgage within the next few weeks. I can not locate a Legal Charge for the client to execute.
Who do I contact at Atom Bank to get a duplicate Deed?
You would be advised to contact Atom Bank
to obtain standard documents. The The Council of Mortgage Lenders Handbook has an individual section for banks to cite who to contact to obtain standard documents.
Atom Bank in their Part 2’s state:
It helps to disclose your Atom Bank solicitors panel number.
Find a Lawyer on the Atom Bank Conveyancing Panel
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Average number of days to register title including a charge in favour of Atom Bank
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | 43.0 |
| 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 Atom Bank Firms
- Draft Report on Title precedent for Atom Bank borrowers
- Draft Anti Money Laundering PolicyTemplate for Atom Bank panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Atom Bank lender panel
- Buy-to-Let help for Atom Bank
- Consent-to-Let help for Atom Bank
- Contractor Mortgages with Atom Bank
