Tandem Bank Conveyancing Panel Information

Lexsure has not been advised of any intention on the part of the CML to develop such a search facility.

Tandem Bank make no specific obligation to carry out any of the searches listed. The UK Finance Lenders’ Handbook simply states that ‘you must ensure that any other searches which may be appropriate to the particular property, taking into account its locality and other features are carried out’.

Please note that most ‘less usual searches’ (as described in the Law Society’s Conveyancing Handbook) are not optional as far as Tandem Bank are concerned if they are ‘appropriate’. Most lenders will not require environmental searches (you should Check Part 2 of UK Finance Lenders’ Handbook to be sure), but you are obliged to explain risks and availability to the client.

Ground stability, Plansearch,flood searches as well as the searches listed in the question are optional – but only to the extent that you have allowed the borrower client to make an informed choice. Regardless of whether there is a mortgage, If you have not advised the client that these (and other) searches are available and what risks they cover, then you will be liable if the client suffers loss through not conducting one. Does your ROT and Ts and Cs cover this?

A leading search provider lists over 72 property searches – do you know what all of them are and when they may be relevant? If you are unsure as to which searches are appropriate based on location contact your search provider or call one of the leading search companies such as STL.

On the basis that your practice in is on the Tandem Bank conveyancing panel and you are instructed by them in relation to a leasehold property, you must report to them if it becomes apparent that the landlord is either absent or insolvent. If Tandem Bank are to lend, they may require indemnity insurance. In any event,you will need to check Tandem Bank’s specific requirements. Notwithstanding whether Tandem Bank will lend in such circumstances you still need to advise the borrower (unless you are acting for Tandem Bank alone) as to the risks of buying a property with an insolvent or absentee landlord.

7 people attempt to locate a property lawyer on the Tandem Bank panel each month in Hendon. Feel free to contact the Lexsure team who will tell how your firm can be identified by those searching for conveyancing in Hendon.

You should provide 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 viability as to what has occured.

You need to contact Tandem Bank to obtain standard documents. The The Council of Mortgage Lenders Handbook incorporates a specific section for banks to reveal who to contact to obtain standard documents. Tandem Bank in their Part 2’s state: Always remember to disclose your Tandem Bank solicitors panel reference.