Find a Law Firm
approved by Bradford & Bingley
Ready to buy a new home? Failing to check that a lawyer is on the Bradford & Bingley 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 Bradford & Bingley Limited Conveyancing Panel? How can my firm be reinstated onto the Bradford & Bingley Limited Conveyancing Panel?Find an Approved Solicitor on the Bradford & Bingley Limited Conveyancing Panel
Examples of recent questions relating to the Bradford & Bingley Solicitor Panel
On what basis would a firm of solicitors be removed from the Bradford & Bingley solicitor panel?
According to a recent survey report by the solicitors regulator three quarters of law firms had been removed from a lender panel. The most common reasons in order are :
- Low volume of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction
- regulatory contact by SRA
- accidental removal. We are not aware of the specific or common criteria for removal by Bradford & Bingley
Our solicitor has discovered a problem with the lease for the property we are buying. The other side have suggested title insurance as a workaround. We are happy with insurance and will pay for it. Our solicitor says that as he is on the Bradford & Bingley conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or Bradford & Bingley?
Just because you have a mortgage offer from Bradford & Bingley 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 Bradford & Bingley are the client. These conveyancing instructions must be adhered to by the Bradford & Bingley conveyancing panel who has to balance acting for you and Bradford & Bingley
Do all the firms listed on your directory have online case tracking as I understood that this was a condition of being on the Bradford & Bingley solicitor panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
I am purchasing a right to buy flat and getting a mortgage with Bradford & Bingley. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Bradford & Bingley conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Bradford & Bingley conveyancing panel in your location.
When it comes to mortgage companies such as Bradford & Bingley do solicitors have to be pay a fee to be on the conveyancing panel?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Can I be sure that the solicitor on the Bradford & Bingley panel is any good?
Getting recommendations is a sensible start. 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 carrying out your conveyancing
What are the common reasons for a lender such as Bradford & Bingley to withdraw a mortgage offer?
Banks and Building Societies such as Bradford & Bingley can withdraw their mortgage offer although this is unusual. should Bradford & Bingley withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are many potential reasons but here are a few examples:
- Many mortgage offers have an expiry date. Your lawyer should check this. Bradford & Bingley may amend or withdraw an offer before the end of its validation period if an offer extension is requested and following a re-evaluation of the property the value of the security is below a level which is acceptable to them.
- 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 to proceed with the Mortgage offer would be unlawful
- If the lender reasonably suspects that the applicant, borrower, mortgagor or guarantor is involved in any criminal or fraudulent activity, including trading in illegal drugs or other substances, theft, robbery, deception or other serious offences, or if the applicant borrower, mortgagor or guarantor has a conviction for any serious criminal offence, including theft, deception, fraud, robbery or trade in illegal drugs or other substances;
- If the solicitor on the Bradford & Bingley conveyancing panel acting for the applicant, borrower, mortgagor or guarantor cannot comply with Bradford & Bingley ‘s instructions
Other Topics
Transfer of Equity for Bradford & BingleyPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors