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Monday, 26 March 2012

Clydesdale & Yorkshire Bank restrict which conveyancers can act for them

Clydesdale and Yorkshire Banks have announced today that they are restricting their conveyancing panels in England & Wales with effect from April 16 to firms accredited by The Law Society’s Conveyancing Quality Scheme.

Currently there are 1300 Solicitors firms in England & Wales with such accreditation.(Breezeplus being one of them)

This news follows in the wake of HSBC's decision earlier this year to restrict its conveyancing panel to 42 firms.

It will be interesting to watch over the next few months which lenders follow suit in either setting minimum accreditation requirements or restricting numbers generally.

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