Birmingham Midshires Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers such as AmTrust. It is a unique risk management tool.

This system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with automatic updates on Birmingham Midshires’s changes. While using the software is not a prerequisite for Birmingham Midshires , demonstrating you can remain up to date with Birmingham Midshires’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your panel standing.

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

Find a Law Firm approved by Birmingham Midshires

Lenders frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Birmingham Midshires are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes

Since 2008, Birmingham Midshires has made 322 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 8.5 days. In total, 45% of the sections of P2 of the UK Finance Lenders’ Handbook for Birmingham Midshires have been changed since 15/12/2008.

To find out more about lender panel compliance,

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FAQs for the Birmingham Midshires Conveyancing Panel from members of the public

On what basis could a law firm be removed from the Birmingham Midshires solicitor panel?
According to a recent survey report by the solicitors regulator three quarters of solicitor practices had been removed from a lender panel. The most common reasons in order are :
  1. Low volume of transactions
  2. the lawyer is a sole practitioner
  3. as part of the HSBC panel reduction
  4. regulatory contact by SRA
  5. accidental removal. We are not aware of the specific or common criteria for removal by Birmingham Midshires
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Birmingham Midshires will not agree to this. Why was Birmingham Midshires even consulted?
Your lawyer being on the Birmingham Midshires conveyancing panel is duty bound to inform Birmingham Midshires of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Birmingham Midshires then they would have to discontinue acting for you and Birmingham Midshires.
I am looking for conveyancing quotes online. Can I be sure that all the practices that are identified on your directory are on the Birmingham Midshires conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the Birmingham Midshires panel and agreed to advise us to take down their listing in the event of removal off of the Birmingham Midshires panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Birmingham Midshires conveyancing panel is incorrect.
My aunt passed away last year and as sole heir and executor was left the house. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Birmingham Midshires , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then Birmingham Midshires will insist on your using a conveyancer on the Birmingham Midshires conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Birmingham Midshires conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Birmingham Midshires mortgage is registered as a charge at the Land Registry.
We have had an offer accepted on a apartment I spoke to a conveyancer previously used by my dad and he recommended instructing a solicitor approved by Birmingham Midshires. The estate agent recommended two local firms so I asked Birmingham Midshires if the 2 suggested solicitors are approved, which they are not. Birmingham Midshires pointed out that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Birmingham Midshires 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Birmingham Midshires for conveyancing panel firms in your area. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the Birmingham Midshires conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Birmingham Midshires conveyancing panel as it may only take about 2-3 weeks. As long as they meet Birmingham Midshires’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
At last I have had an offer on an apartment accepted, the seller does however have a dependent purchase. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties in the pipeline. My conveyancing solicitor has been instructed. What do I do now? When should I get the mortgage app going with Birmingham Midshires?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Birmingham Midshires conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Birmingham Midshires and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.
Me and my partner are remortgaging a penthouse in Hendon. Conveyancing solicitors in Hendon need to begiven the go-ahead. My brokersuggested that we make sure that the conveyancer in Hendon is on the Birmingham Midshires panel. Is this really necessary?
It is not that case that all Hendon conveyancing firms are on the Birmingham Midshires conveyancing panel. 5 people a month use our search tool to locate a Hendon conveyancing lawyer on the on the Birmingham Midshires list of approved conveyancing firms.