Clydesdale Bank have introduced an approved panel of solicitors and licensed conveyancers to provide legal services to customers buying a property and re-mortgaging. A list of the approved firms is provided below:
PDF document, 4.91 MB, last updated 22nd June 2020
The following information will apply to all applications received on or after 16 April 2012.
If your client has not already instructed a legal firm to act on their behalf, they can choose to use any firm on the Bank’s Approved Legal Panel.
Your client can also choose to use their own solicitor or licensed conveyancer to carry out the required legal work. If their chosen firm is on our Approved Legal Panel, the same firm can also act on the Bank’s behalf at no additional cost.
However, if the firm is not on our Approved Legal Panel, the Bank will instruct a firm to act on its behalf and your client will be charged directly for this service, in addition to their own legal fees. The cost will be £195 plus VAT – a total of £234. This must be paid in full before completion funds are released.
Please be aware that if your customer chooses to use a firm that is not on our approved panel, the time required to complete the necessary legal work will take longer. For urgent cases, for instance if exchange is required within 4 weeks, we strongly recommend that your customer chooses a firm on our approved panel.
Only the Bank’s nominated legal provider or a firm on the Approved Legal Panel may be instructed to provide legal services for re-mortgages.
Your client may choose the Banks’ ‘Fees Free’ service to cover all basic legal work involved in re-mortgaging to us. Where this happens, we will instruct our preferred Legal Firm to carry out this work.
However, if your customer does not wish to take advantage of this service, they may choose any other firm that is on the Approved Legal Panel at their own cost. This firm will act on behalf of both the Bank and your client.
If the property is currently unencumbered, the 'fees free' service is not available. A free basic valuation is included, but your client will be liable for their own legal costs involved with the transaction.
Your client must choose a firm from the Bank's Approved Legal Panel.
For further information about the Bank’s Approved Legal Panel, please refer to the frequently asked questions below or speak to your local Relationship Partner.
If you are not an intermediary of the Bank, you should not refer to the information contained in this website. If you are a professional and you reproduce any part of the information contained in this communication, to be used with or to advise retail clients, you must ensure it conforms to the Financial Conduct Authority's mortgage conduct of business rules. This site is intended for UK residents (who are intermediaries of the Bank) unless otherwise stated.
Clydesdale Bank PLC Registered in Scotland (Number SC001111). Registered Office: 30 St Vincent Place, Glasgow G1 2HL.