Tag Archives: HSBC panel

HSBC to include CQS firms on panel

After much gnashing of teeth and wailing the pressure placed on HSBC has at last paid off. The HSBC are about to announce that as from the 12th August the HSBC panel will include all bar the smallest of the … Continue reading

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The future of the HSBC panel

When HSBC announced its limited panel of lawyers it was predicted that having such a restricted panel would ultimately lead to delays in conveyancing transactions where a separate conveyancer was appointed to act for the bank in relation to the … Continue reading

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HSBC panel causing a headache

The HSBC panel problems are, all of a sudden, beginning to cause the HSBC a headache and some direct financial loss. Not only are there reports of the bank having to pay compensation to dissatisfied customers whose matters have been … Continue reading

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Hidden costs to free conveyancing

The great HSBC debate rumbles on with the Telegraph online, another part of the media, pouring oil onto troubled waters. Although not exclusively referring to the HSBC issue coverage is given to hidden costs in “free” conveyancing offered by some … Continue reading

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A significant move? The Law Society’s offer to HSBC.

The Chief Executive of the Law Society, Des Hudson, wrote to HSBC’s Head of Lending recently with an offer of a panel management service. Under the Conveyancing Quality Scheme (CQS), the Law Society has already agreed such an arrangement with … Continue reading

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Hot on the heels of HSBC

Nationwide appears to be following hot on the heels of the HSBC in reviewing its lender panel. It cites as its reasons for doing so the need to ensure that its panel of solicitors is up to date, manageable and … Continue reading

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Countrywide admit “too much work on”

I am currently involved with a transaction involving the much publicised HSBC and their panel solicitors. Their paper work states to give them two days to respond to the paper work on the property. In this case I supplied copies of all … Continue reading

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The HSBC issue, what is the truth?

One would anticipate that every practitioner who is faced with the new HSBC panel would choke on their cornflakes when reading the article posted on the last week’s Today’s Conveyancer. Anecdotal information indicates that the percentage of cases “going through … Continue reading

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HSBC’s panel is not closed, is it?

The recent suggestion that the HSBC panel is not closed was perhaps put forward tongue in cheek by HSBC. Anecdotal evidence suggests to the contrary with one firm of which we know having requested panel membership but told that  “you … Continue reading

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