Looking for information about your firm's panel status?
Danske Bank Conveyancing Panel: Recently Asked Questions
my firm is on the Danske Bank conveyancing panel. Can I get an archived copy of a Danske Bank Part 2 from the CML?
The CML do not hold data sets of P2 requirements Pre January 2011. The CML recommend you make a request of Danske Bank directly.
Is it conceivable that
Danske Bank
will assign another lawyer on the
Danske Bank
conveyancing panel for a further advance during the lifetime of a mortgage?
Section 16.2.1 of the UK Finance Lenders’ Handbook relevant to a solicitor on the
Danske Bank
conveyancing panel reads ‘Our mortgage secures further advances. Consequently, when a further advance is required for alterations or improvements to the property we will not normally instruct a member of our conveyancing panel but if you are instructed the appropriate provisions of this Handbook will apply’.
Will the fact that my practice receives LENDERmonitor Alerts help in my application to join the Danske Bank conveyancing panel?
The requirements to join the Danske Bank conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
As the nominated Compliance Officer for Legal Practice are there regulatory implications that I should be considering if my firm is suspended off the
Danske Bank solicitor panel?
What you should do largely depends on the reason that your firm has been removed off the Danske Bank
conveyancing panel. The top 3 reasons are as
follows:
- lack of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction.
My practice have never been on the
Danske Bank conveyancing panel as well other lenders.
My clients, who have applied for a mortgage with Danske Bank wish use my firms conveyancing services even though I am not on the
Danske Bank panel. Am I doing anything wrong is suggesting to my client that they use a firm down the road to act for
Danske Bank on mortgage aspect of the conveyancing?
You need to be careful here as what you are proposing may not be acceptable to the mortgage company.
It is possible that you (as a non-panel firm) or the mortgage applicant are not at liberty instruct a panel firm of your choice. An increasing amount of lenders are making it clear to their panel firms that where a non-panel member firm is instructed by one of their mortgage applicants, the lender must appoint a panel firm to carry out its instructions and to liaise with the borrower's conveyancing firm.
You also need to make the costs implications and potential for delay very clear to your client.
Our membership of the
Danske Bank conveyancing panel was terminated but was reinstated on appeal, do I need to include this information on my application for CQS accreditation?
We would recommend that you supply details of the date of removal, information on the reason for
removal, date of appeal and any reason given for reinstatement. This
should not negatively affect your application but gives the CQS team a complete picture of what has occured.
My firm is listed on the
Danske Bank
conveyancing panel and all set to complete a purchase within the next week. My papers do not include a Legal Charge for the client to execute.
Who do I contact at Danske Bank to obtain duplicate documents?
You should get in touch with Danske Bank
to obtain standard documents. The CML Handbook includes an individual inquiry for banks to set out who to contact to obtain standard documents.
Danske Bank in their Part 2’s state:
It is likely that you will need to quote your Danske Bank conveyancing panel reference.
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Average number of days to register title including a charge in favour of Danske Bank
This information relates to purchase only and not remortgages.
Year | Days* |
---|---|
2024 | [no data] |
2023 | [no data] |
2022 | [no data] |
2021 | [no data] |
2020 | [no data] |
2019 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Danske Bank Firms
- Draft Report on Title precedent for Danske Bank borrowers
- Draft Anti Money Laundering PolicyTemplate for Danske Bank panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Danske Bank lender panel
- Buy-to-Let help for Danske Bank
- Consent-to-Let help for Danske Bank
- Contractor Mortgages with Danske Bank