Separate representation
for lenders
Starting fee £960.00 including VAT (£800.00 plus VAT)
When a borrower's conveyancer is not on the lender's panel, the lender may need a firm on its panel to act for it on the mortgage. Tell us the lender and the case, and the law firm on our panel that acts for lenders will let you know whether it can accept it.
- A law firm that acts for lenders, authorised and regulated by the Solicitors Regulation Authority
- Any additional fees and disbursements disclosed and discussed with the borrower's conveyancer
- Its fee and terms confirmed in writing before it is instructed
Starting fee
Acting for the lender on the mortgageIncluded
Additional fees and disbursementsTo be confirmed
Starting fee before VAT£800.00
VAT£160.00
Starting fee£960.00including VAT
Additional fees and disbursements, such as HM Land Registry fees, are disclosed and discussed with the borrower's conveyancer before the firm is instructed.
Send a requestTwo firms, one property
The lender and the borrower each have a law firm of their own. A law firm on our panel acts for the lender on the mortgage, and the borrower's own conveyancer carries on acting for the borrower, so the borrower keeps the conveyancer they chose.
Each firm looks after its own client, and the two firms work together towards completion.
- A law firm on our panel acts for the lender on the mortgage
- The borrower's own conveyancer acts for the borrower
How it works
Send the request
Tell us the lender, the mortgage, the property and who the law firm should contact.
The firm reviews the case
It lets you know whether it can accept the case, discloses any additional fees and disbursements, and confirms its fee, and what it needs, in writing before it is instructed.
The firm acts for the lender
It acts for the lender on the mortgage. The borrower's own conveyancer carries on acting for the borrower.
About the fee
The starting fee is £960.00 including VAT (£800.00 plus VAT). The law firm discloses whether any additional fees apply, which may depend on:
- The complexity of the case
- The lender's requirements
- Whether the lender is a specialist lender
It also tells you which disbursements it charges, such as HM Land Registry fees, and discusses them with the borrower's conveyancer before it is instructed.
Request separate representation
A few questions, a step at a time. We email you your quote straight away, with a PDF copy, and the law firm lets you know whether it can accept the case.
What the request asks
- The lender, and what the mortgage is for
- The property's full address, and its price or value
- The borrower's name, if you are their solicitor or conveyancer
- Who the law firm should contact
Questions
What is separate representation?
Each lender keeps a panel of firms it allows to act for it. When the borrower's conveyancer is not on that panel, the lender may need a firm on it to act for it on the mortgage. That firm acts for the lender only.
Which law firm acts for the lender?
A law firm on our panel that acts for lenders, authorised and regulated by the Solicitors Regulation Authority. It looks at each case and, if it can accept it, tells you its name and contact details and confirms its fee and terms in writing before it is instructed.
Can it act for my client's lender?
Name the lender in your request. The firm looks at each case, including the lender and its requirements, and lets you know whether it can accept it.
What will it cost?
The starting fee is £960.00 including VAT (£800.00 plus VAT). The law firm discloses whether any additional fees apply, depending on the complexity of the case, the lender's requirements and whether the lender is a specialist lender, and which disbursements it charges, such as HM Land Registry fees, and discusses them with the borrower's conveyancer before it is instructed. It confirms its fee in writing before it is instructed. The borrower normally pays the lender's solicitor's fees, as well as their own conveyancer's.
Does the borrower keep their own conveyancer?
Yes. The borrower's own conveyancer carries on acting for the borrower, and the law firm acts for the lender on the mortgage.
Terms of this request
Who acts for whom
Keyfolio passes your request to the law firm on its panel that acts for lenders, which decides whether it can accept the case. If it does, it acts for the lender only, not for the borrower, whose own conveyancer carries on acting for them.
Who handles the case
The law firm decides who handles each case, and its advice, work and conduct are its own, under its own terms. Keyfolio is not responsible or liable for them. Complaints about its work go to the firm, under its complaints procedure.
The fee
The fee shown is the law firm's starting fee. The firm tells you whether any additional fees apply, which depend on the complexity of the case, the lender's requirements and whether the lender is a specialist lender, and which disbursements it charges, such as HM Land Registry fees. It discusses them with the borrower's conveyancer, and confirms its fee in writing, before it is instructed.
Your legal rights
Nothing in these terms limits any liability that the law does not allow to be limited.
You agree to these terms, and to our terms, and confirm you have read our referral disclosure and privacy notice, when you send a request.