Beverley Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and professional indemnity insures. COMPLETIONmonitor is a unique risk management tool.

This software optimises the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Beverley Building Society’s changes. Even though utilising COMPLETIONmonitor is not a condition for acceptance on the Beverley Building Society panel, demonstrating you can remain up to date with Beverley Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your firm’s panel status.

COMPLETIONmonitor creates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.

Find a Law Firm approved by Beverley Building Society

Banks and building societies frequently change their requirements. The BSA instructions from Beverley Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time:

A Timeline of Policy Changes


Since 2010, Beverley Building Society has made 25 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 109.2 days. In total, 24% of the sections of the BSA Requirements for Beverley Building Society have been changed since 26/1/2010.

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FAQs for the Beverley Building Society Solicitor Panel from members of the public

I was advised recently by my financial adviser that my property lawyer is not on the Beverley Building Society Conveyancing panel. What can I do to be certain that this is indeed the case?
The best course of action for you to take is to contact your lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a firm that is on the the approved Beverley Building Society solicitor panel.
My solicitor has discovered a difference between the surveyor’s assumptions in Beverley Building Society’s home valuation report and what is in the conveyancing documents. My lawyer informs me that as he is on the Beverley Building Society conveyancing panel he must check that the bank is happy with this discrepancy and is still content to lend. Is my lawyer’s course or action appropriate?
A precondition to being on the Beverley Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Beverley Building Society) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I have been searching for online conveyancing estimates. Can I be sure that all the firms that are identified on your directory are on the Beverley Building Society conveyancing panel?
The law firms listed on our site have assured us via an online form that they are on the Beverley Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Beverley Building Society panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Beverley Building Society conveyancing panel is not accurate.
I was supposed to move into my flat yesterday. My solicitor is on the Beverley Building Society solicitors panel but has moved offices in the past couple of months and had not advised Beverley Building Society of their new address. Beverley Building Society is now refusing to release my funds until such time as their systems are up to date with the correct details.
This is a rare situation indeed. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Beverley Building Society branch or your mortgage broker to see if they can help.
Is it the case that all conveyancing lawyers on the Beverley Building Society conveyancing panel work on a no move no charge basis?
There is generally no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their service
I am buying a property where the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Beverley Building Society be concerned
As your lender is Beverley Building Society your lawyer must to check the Beverley Building Society conveyancing instructions contained in the Part of CML Handbook for Beverley Building Society . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Beverley Building Society where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. The CML are developing guidance for Northern Ireland and Scotland.
I have today made my last payment due on mortgage with Beverley Building Society. I assume I don't need a solicitor on the Beverley Building Society panel to remove the mortgage at the Land Registry. Please confirm
If you have finished paying off your Beverley Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Beverley Building Society mortgage from the register. Beverley Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Beverley Building Society has sent the Land Registry the discharge electronically, and the Beverley Building Society has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Beverley Building Society mortgage has been paid off.