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approved by DB UK Bank
Ready to buy a new home? Failing to check that a lawyer is on the DB UK Bank list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?
How does my firm apply to be on the DB UK Bank Ltd Conveyancing Panel? How can my firm be reinstated onto the DB UK Bank Ltd Conveyancing Panel?Find an Approved Solicitor on the DB UK Bank Ltd Conveyancing Panel
Common questions asked concerning the DB UK Bank Conveyancing Panel
Much to my surprise I have been told by my lender that my solicitor is not on the DB UK Bank Solicitor panel. How can I check?
The first thing you need to do is to contact your conveyancer. You lawyer should advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for DB UK Bank.
Our god-son is buying a newly built flat with a home loan from DB UK Bank. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the DB UK Bank conveyancing panel as a standard part of the process, and to the surveyor when requested.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the DB UK Bank conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
How up to date is your search tool for the DB UK Bank conveyancing panel? Do DB UK Bank send you an updated list?
The law firm practices themselves provide us confirmation that they are on the DB UK Bank conveyancing panel as opposed to being supplied with a list from DB UK Bank directly.
My solicitors in Newcastle have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with DB UK Bank. Is it case that being on the DB UK Bank conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the DB UK Bank Conveyancing Panel Terms. It might be worth you contacting DB UK Bank directly.
Can you point me to a directory of DB UK Bank panel conveyancers on the Building Society Association’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
My existing mortgage is with DB UK Bank. My godfather retired last week and wants to pay off the mortgage left on the property. After DB UK Bank is paid, I want to transfer the property to my mother's name; How long does the process take? Do we need two separate solicitors on the DB UK Bank conveyancing panel? I do not intend to live at the property once the DB UK Bank mortgage is discharged.
Although you do need to retain the services of a lawyer they dont
need to be on the DB UK Bank panel.
You will need a solicitor to draw up the transfer and
to deal with the Land Registry formalities. The only thing you need to
consider is that by selling at an undervalue so ask your lawyer about
the implications. There could be an inheritance tax issue if you die
within 7 years of this. As the property is your main residence you need
not pay CGT but you should speak with your accountants in any event.
Planning on purchasing a house with a mortgage with DB UK Bank. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the DB UK Bank conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the DB UK Bank conveyancing panel
Other Topics
Transfer of Equity for DB UK BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors