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Ready to buy a new home? Failing to check that a lawyer is on the AtomBank list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the Atom Bank plc Conveyancing Panel

Frequently asked questions relating to the Atom Bank Conveyancing Panel

My Solicitor is not listed on the Atom Bank Solicitor Panel. Is it possible for me to retain my preferred solicitor notwithstanding that they are excluded from the Atom Bank panel of approved conveyancing solicitors?
The most common options here are as follows:
  1. Complete the purchase with your existing lawyers but Atom Bank will need to instruct a lawyer on the Atom Bank conveyancing panel. This will result in additional cost and potential delay.
  2. Get a new solicitor to act in the purchase, obviously checking they are on the Atom Bank conveyancing panel.
  3. Convince your lawyer to do everything within their powers to join the Atom Bank conveyancing panel
Expecting to move into my new home next Thursday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Atom Bank. What does the insurance need to cover?
Any lawyer on the Atom Bank conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Atom Bank’s Part 2 requirements of the CML Handbook (last updated on Atom Bank). Being on the Atom Bank conveyancing panel your lawyer is expect to follow these instructions.
Do I have to attend the offices of the Atom Bank conveyancing panel solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Bristol so that I can pop in to their offices if required.
As opposed to 12 years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Bristol .
I am considering applying for a Atom Bank mortgage for purchase of a new build (under development) with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Atom Bank?
In theory, you could use a solicitor that is not on Atom Bank conveyancing panel, but Atom Bank would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
Is it the case that all conveyancing solicitors on the Atom Bank conveyancing panel work on a no sale no fee basis?
On the whole there are no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their package
I previously instructed online solicitors based in Cardiff who are on the Atom Bank solicitor panel. They are now charging me a separate fee of £150 for the legal aspects of the Atom Bank mortgage. Is this an additional conveyancing fee specified by Atom Bank?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Atom Bank but by your lawyers. Some firms on the Atom Bank will charge an ‘acting for lender’ fee and others do not.
I am currently in the process of buying my council flat. I have a mortgage agreed with Atom Bank. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Atom Bank you will need to appoint a solicitor on the Atom Bank conveyancing panel.