Yes - You’ll need to pay a conveyancer to complete the legal work required when you take out a Tesco Bank Mortgage to buy a new home. They’ll carry out all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is in place.
You can instruct a conveyancing firm of your choice. However, if the firm selected is not a member of Tesco Bank’s conveyancing panel and you still want to continue with them additional costs will be incurred as separate legal representation will be required by Tesco Bank. Alternatively we can refer you to Legal Marketing Services (LMS), a company which specialises in sourcing law firms for conveyancing transactions.
Our conveyancing panel accepts applications, so your conveyancer can make an application to apply if they are not on our panel.
Your conveyancing firm will be able to confirm whether they are a member of the Tesco Bank panel.