Check your solicitor's lender panel status
If your solicitor is not on your mortgage lender's panel, your sale, purchase or equity transfer could take weeks longer to complete.
During the conveyancing process, your solicitor must also complete the legal work on behalf of your lender. However, most mortgage lenders will only work with solicitors on their approved list, or 'panel'.
If the conveyancing solicitor you choose cannot act for your mortgage lender, your solicitor will need to arrange for a second solicitor firm to act on behalf of your lender. This extra complexity can cause delays and additional cost.
The Quittance lender panel checker
Our lender panel checker will confirm whether a member of the Quittance solicitor panel can act for your lender. Quittance solicitors can act for most UK lenders, including most building societies and specialist lenders.
Read more: Why you need to check your lender panel membership
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If you are buying, selling, remortgaging or transferring equity in a home, we can help you find an expert conveyancing solicitor.
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Frequently asked questions:
- How do I speed up the conveyancing process?
- How much Stamp Duty (SDLT) will I need to pay in 2021?
- Why do I need to check my conveyancer's lender panel status before instructing?
- What do buyers need to know about conveyancing in 2021?
Get all the answers in our comprehensive FAQ section:
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