Find a Law Firm
approved by TSB
Ready to buy a new home? Failing to check that a lawyer is on the TSB 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 TSB plc Conveyancing Panel? How can my firm be reinstated onto the TSB plc Conveyancing Panel?
Find an Approved Solicitor on the TSB plc Conveyancing Panel
Q and A’s regarding the TSB Conveyancing Panel
Is the fact that my solicitor is not on the TSB Conveyancing panel that there is a problem with the quality of the firm’s work?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for TSB.
Our conveyancer has identified a defect with the lease for the property we are buying. The seller’s lawyers have suggested defective title insurance as a workaround. We are happy with insurance and will pay for it. Our lawyer has advised that as he is on the TSB conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or TSB?
Just because you have a mortgage offer from TSB does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and TSB are the client. These conveyancing instructions have to be complied with by the TSB conveyancing panel who has to balance acting for you and TSB
I have been Googling for competitive conveyancing fees. Can I be sure that all the law firms that are listed on your directory are on the TSB conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have advised us that they are on the TSB panel and agreed to advise us to take down their listing in the event of removal off of the TSB panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the TSB conveyancing panel is incorrect.
I am selling my house. Does my solicitor have to be on the TSB conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the TSB conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
Can I be sure that the solicitor on the TSB panel is any good?
seeking recommendations is a sensible 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 suggest that you speak with the lawyer conducting your conveyancing
We are getting a further advance on our mortgage from TSB as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the TSB conveyancing panel to deal with the legals?
TSB would not normally instruct firms on their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the TSB list
I am buying a property where the roof has a solar panel. Solicitors conducting should look into this right? Will my lender TSB be concerned
Given that your lender is TSB your lawyer must to check the TSB conveyancing instructions contained in the Part of CML Handbook for TSB . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to TSB where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. The CML are developing guidance for Northern Ireland and Scotland.