DB UK Bank Conveyancing Panel Information

The Council of Mortgage Lenders is not a regulator and therefore will not advise on grievances against lenders. You can of course contact Lexsure to see if we can help.

The Council of Mortgage Lenders (or the BSA) do not involve themselves in training however they do organise a number of general conveyancing related conferences which are attended by firms on the DB UK Bank conveyancing panel. It is our intention to run specific lender focused seminars in the coming months including a webinar on DB UK Bank’s Part 2 obligations. Practitioners on the DB UK Bank conveyancing panel are welcome. Further details will be communicated as part of the LENDERmonitor Alerts.

The requirements to join the DB UK Bank conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.

In order to be on the DB UK Bank conveyancing panel solicitors have to complete an application form and agree Terms and Conditions. A sample of 5 conditions that we see amongst many lenders Terms (but not necessarily DB UK Bank) are as follows:

• You have the consent of all borrowers to apply for the deeds, before making any request for deeds. We will accept your request for deeds on the understanding that you have obtained such consent. If this is not the case then you should advise our Deeds Services Department in writing when you make your request
• That any deeds you borrow from us in connection with the personal mortgage of a partner or director at your firm must be requested by a partner or director other than the partner or director concerned and the transaction must be handled by that other partner or director. If you are a sole practitioner and require the loan of deeds in connection with your own mortgage, you must nominate a different firm on our panel to request the deeds and handle the transaction.
• To quote on all communications with us relating to deeds/registration issues, whether by telephone or in writing, the panel number that we provide for each practising address and the mortgage account or application number for the mortgage concerned.
• To notify us in writing of any change in your details as held on our records for example, change of address, telephone number, document exchange number email address. Notification must be given to us at least 10 days before the change will be effective.
• If you are a sole practitioner, to arrange for appropriate locum cover from our panel where necessary. Your locum must be a member of the Conveyancing panel.

Your insurance brokers are your best port of call to address this question. The chances are that on the basis that you have not been removed for fraud or negligence reasons that there will be little or no impact. The main reason why a firm would be removed off of a lender panel is due to low volume of conveyancing cases although there may be a number of criteria for DB UK Bank solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You need to contact DB UK Bank to obtain standard documents. The The Council of Mortgage Lenders Handbook includes an individual section for banks to set out who to contact to obtain standard documents. DB UK Bank in their Part 2’s state: It helps to quote the firm’s DB UK Bank conveyancing panel reference.