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Legal & General Home Finance Solicitor Panel: Recently Asked Questions
Are Legal & General Home Finance Conveyancing panel solicitors under an obligation to disclose incentives?
Legal & General Home Finance’s answer to this question can be found at section 6.4.4 of their CML Part 2 requirements
I am on the Legal & General Home Finance conveyancing panel. Can I get an archived copy of a Legal & General Home Finance Part 2 from the CML?
The CML do not maintain duplicates of P2 conditions pre-December 2010. The CML recommend you contact Legal & General Home Finance directly.
Is there a standard appeals process to prevent solicitors from being unfairly removed them from lender conveyancing panels?
We have come across many solicitors who feel 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 complete the form here.
Does my firm run the risk of removal off the
Legal & General Home Finance solicitor panel if I have not sent the deeds on a purchase within a certain period of completion?
You might expect
Legal & General Home Finance via their Part Two obligations to address this but the Handbook is silent on time frames. You need to look at the Terms of
Legal & General Home Finance’s Conveyancing Panel Appointment that you are bound by. For a number of banks these Terms include a clause such as:
‘To keep us informed of the reasons for any delay in your being able to send the title deeds and documents we require to us within 3 months of completion or evidence of proof of registration within that period. (We will send reminders if the deeds have not been received but will not acknowledge receipt of deeds’ It is important to keep
Legal & General Home Finance informed.
Law firms can often compound their problems by not communicating with the lender when there is a delay or problem.
Are there conditions,outside the CML Part 2 requirements, that a firm should be aware of when on the Legal & General Home Finance conveyancing panel?
In order to be on the Legal & General Home Finance 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 Legal & General Home Finance) are as follows:
- 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.
- To be responsible for the reconstitution of the title deeds (whether the title is registered or unregistered, at your own cost), where any deeds in your possession, or were last known to be in your possession, go missing.
- To carry out our instructions with reasonable care and skill, ensuring that all employees carrying out mortgage work on our behalf are qualified and competent to do so
- To forward the title deeds and documents to another solicitor/conveyancer within 24 hours of an instruction from us requiring you to do so. On forwarding the deeds as instructed you will confirm to us that you have done so. Upon receipt of your confirmation, we will release you from all undertakings relating to your holding the title deeds.
- To keep us informed of the reasons for any delay in your being able to send the title deeds and documents we require to us within 3 months of completion or evidence of proof of registration within that period. (We will send reminders if the deeds have not been received but will not acknowledge receipt of deeds.)
Our membership of the
Legal & General Home Finance conveyancing panel was revoked but was reinstated on appeal, do I need to include this information on my CQS application?
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 adversely impact your firm’s application but gives the CQS team a complete picture of what has occured.
Our practice is on the
Legal & General Home Finance
conveyancing panel and scheduled to complete a remortgage within the next week. My file does not contain a Legal Charge for the client to sign.
Who do I contact at Legal & General Home Finance to get a duplicate Deed?
You need to communicate with Legal & General Home Finance
to obtain standard documents. The The Council of Mortgage Lenders Handbook has a specific inquiry for banks to cite who to contact to obtain standard documents.
Legal & General Home Finance in their Part 2’s state:
Always remember to disclose your Legal & General Home Finance conveyancing panel reference.
Find a Lawyer on the Legal & General Home Finance Solicitor Panel
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Average number of days to register title including a charge in favour of Legal & General Home Finance
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | [no data] |
| 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 Legal & General Home Finance Firms
- Draft Report on Title precedent for Legal & General Home Finance borrowers
- Draft Anti Money Laundering PolicyTemplate for Legal & General Home Finance panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Legal & General Home Finance lender panel
- Buy-to-Let help for Legal & General Home Finance
- Consent-to-Let help for Legal & General Home Finance
- Contractor Mortgages with Legal & General Home Finance