Find a Law Firm
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.

Find an Approved Solicitor on the DB UK Bank Ltd Conveyancing Panel

FAQs : The DB UK Bank Solicitor Panel

Can you please explain the reason why all UK lawyers are not on the DB UK Bank Conveyancing panel?
Before the recession most lenders had an appetite for risk which was higher than today. The Financial Services Authority in 2010 conducted a thematic review into mortgage fraud which concluded: know the conveyancing solicitors that you are dealing with. Consequently, lenders have regularly sought more information from law firms about their operations and the individuals who work for them and set certain criteria such a completing on a minimum number of transactions. Many firms that have been excluded from lender panels have 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Such firms were never going to meet the criteria of volume of transactions the lenders required.
My solicitor has uncovered a discrepancy between the information in DB UK Bank’s home valuation survey and what is in the title deeds. My lawyer says that as he is on the DB UK Bank conveyancing panel he is duty bound to check that the bank is OK with this discrepancy and is content go ahead. Is my conveyancer’s approach appropriate?
A precondition to being on the DB UK Bank approved panel is to comply with the CML Handbook requirements (last updated for this lender on DB UK Bank) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I note that you have a search directory listing firms on the DB UK Bank conveyancing panel. Do firms pay you a commission if I instruct them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the DB UK Bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am thinking of remortgaging my flat does my lawyer need to be on the DB UK Bank Solicitor panel?
There is nothing to stop you using your solicitor but DB UK Bank will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
How can we tell if a solicitor on the DB UK Bank panel is any good?
seeking recommendations is a good starting point. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer handling your conveyancing
My existing mortgage is with DB UK Bank. My uncle 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. There's no capital gains tax for you as it is your main residence.
I have instructed a lawyer having checked that they are on the DB UK Bank conveyancing panel. Does my lawyer arrange the survey of the property? Or Having read lots of mortgage guides,I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my solicitor - who is on the DB UK Bank conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
DB UK Bank will need an independent valuation of the property. Your lawyer will not arrange this. Usually DB UK Bank will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller. or Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with DB UK Bank you could contact your them to see if they have a list of approved surveyors.