Find a Law Firm
approved by Co Op Bank
Ready to buy a new home? Failing to check that a lawyer is on the Co Op 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 Co operative Bank plc Conveyancing Panel? How can my firm be reinstated onto the Co operative Bank plc Conveyancing Panel?
Find an Approved Solicitor on the Co operative Bank plc Conveyancing Panel
Co operative Bank Conveyancing Panel Recently Asked Questions
How easy is it to change a solicitor as I need to find one who is on the Co operative Bank conveyancing panel. How easy is it to change conveyancer?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
Can you clarify something for me?. My lawyer is not to blame but, my purchase conveyancing has been going on for months. The Local Authority Search from Co operative Bank was dated random date and we have agreed a date for me to move into the property on 10 days inc Day of week eg. Mon. My lawyer has advised that as she is on the Co operative Bank conveyancing panel she needs to redo the searches as they are no longer valid.
One of the many conditions to being on the Co operative Bank approved panel is to comply with the CML Handbook requirements (last updated for this lender on Co operative Bank)which states that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Co operative Bank.
I need to find a Co operative Bank panel solicitor in Stirling. Can you assist?
It is not clear why you need a Co operative Bank panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Co operative Bank to find out which solicitors in Co operative Bank are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
I am considering mortgaging my property does my lawyer have to be on the Co operative Bank Solicitor panel?
There is nothing to stop you using your solicitor but Co operative Bank will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
Why might a lender such as Co operative Bank withdraw a mortgage offer?
Lenders such as Co operative Bank can revoke their mortgage offer although this rarely happens. In the unlikely event that Co operative Bank withdraw their offer they may or may not inform you or the lawyer as to the reasons why. There are many potential reasons but here are 5 examples:
- A cashback to the buyer, or | part of the price includes a non-cash incentive to the buyer (eg paid stamp duty land tax),or | any indirect incentive (cash or non cash) or rental guarantee, of which the lender was previously unaware
- Where the purchase price and borrowers direct contribution differ to details on the mortgage application form completed by the borrower
- Following advice from the property assessor on their lender panel or If the lender has doubts about the effectiveness of the valuation as a result of subsequent events or information received post valuation but pre completion
- Where the sale is not at arms length for value to unconnected persons
- If the solicitor on the Co operative Bank conveyancing panel acting for the applicant, borrower, mortgagor or guarantor cannot comply with Co operative Bank ‘s instructions
At last I have had an offer on an apartment accepted, but there is a chain. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties in the pipeline. My conveyancing solicitor has been instructed. What should be my next step? At what point should I appy for the mortgage with Co operative Bank?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Co operative Bank conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Co operative Bank and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.
Me and my partner are purchasing a penthouse in Hendon. Conveyancing solicitors in Hendon will soon begiven the go-ahead. My brokerrecommended that we make sure that the solicitor in Hendon is on the Co operative Bank solicitors panel. Is this right?
Far from all Hendon conveyancing firms are on the Co operative Bank conveyancing panel. 5 people a month use our search tool to locate a Hendon conveyancing firm on the on the Co operative Bank panel.