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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.
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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
Frequently asked questions relating to the DB UK Bank Solicitor Panel
My IFA has asked me for my solicitor’s panel member for the DB UK Bank conveyancing panel. Can you suggest how I discover this. I have contacted my local DB UK Bank branch but they cant find it on their system.
the sensible thing to do is ask for this information from your solicitor. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for DB UK Bank.
Our son-in-law is in the process of securing a newly built flat with a mortgage from DB UK Bank. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved 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 valuer when asked.
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.
Whilst your website is a good idea there are many lawyers listed near London on the DB UK Bank conveyancing panel. Can you recommend a specific firm on the conveyancing panel for DB UK Bank ?
We are not in the business of recommending one firm above another as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
My grandfather passed away six months ago and as sole heir and executor was left the house. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to DB UK Bank , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then DB UK Bank will insist on your using a conveyancer on the DB UK Bank conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your DB UK Bank conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the DB UK Bank mortgage is registered as a charge at the Land Registry.
Are all conveyancing solicitors on the DB UK Bank conveyancing panel regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the DB UK Bank conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to move forward? I plan to obtain a mortgage with DB UK Bank. Is there anyway to cut out the solicitors to save on the costs? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with DB UK Bank involved you will need to appoint a solicitor on the DB UK Bank conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to DB UK Bank. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the DB UK Bank conveyancing panel.
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
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Transfer of Equity for DB UK BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors