Dudley Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and PI insurers. COMPLETIONmonitor is a unique risk management tool.

This software optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Dudley Building Society’s changes. Notwithstanding that utilising this technology is not a condition for acceptance on the Dudley Building Society panel, demonstrating you can stay up to date with Dudley Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your firm’s panel standing.

The system generates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for many firms, leads to a PII saving.

Find a Law Firm approved by Dudley Building Society

Mortgage companies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Dudley 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 2008, Dudley Building Society has made 174 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 15.7 days. In total, 59% of the sections of P2 of the UK Finance Lenders’ Handbook for Dudley Building Society have been changed since 15/12/2008.

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Dudley Building Society Conveyancing Panel Sample Enquires to our Call Center from members of the public

Can you please explain the reason why all property lawyers are not on the Dudley Building Society Solicitor panel?
Mortgage companies point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year. The removal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lenders to review their conveyancing panels, which kicked off a major policy change in the sector. It led to banks and building societies purging less reputable firms off their books
My fiance and I are refinancing our maisonette with Dudley Building Society. We have a son approaching twenty who lives with us. The solicitor on the Dudley Building Society conveyancing panel has asked us to disclose any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the flat is forfeited by the lender. I have two concerns (1) Is this document specific to the Dudley Building Society conveyancing panel as he never had to sign this form when we bought 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Dudley Building Society .This is solely used to protect the Dudley Building Society if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.

It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Dudley Building Society had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Dudley Building Society conveyancing panel. My lawyer has said that they are on the Dudley Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Dudley Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Dudley Building Society solicitor panel.
I am attempting to get my former partner taken off the mortgage deeds. Can Dudley Building Society really tell me which solicitor I can or can not retain?
You can use any solicitor you like but Dudley Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Dudley Building Society solicitors panel
Do most banks operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Dudley Building Society conveyancing panel requirements are different to Dudley Building Society’s conveyancing panel requirements.
We have agreed to purchase a house.One unusual aspect is that the roof has a solar panel. Dudley Building Society have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Dudley Building Society your lawyer must to check the Dudley Building Society conveyancing instructions contained in the Part of CML Handbook for Dudley Building Society . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Dudley Building Society where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.
My brother and I are buying a house in Hendon. Conveyancing solicitors in Hendon will soon beretained. My fatherrecommended that we enquire that the conveyancing practitioner in Hendon is on the Dudley Building Society list of approved conveyancing firms. Aren't all lawyers on the Dudley Building Society panel?
A limited percentage of Hendon conveyancing practices are on the Dudley Building Society conveyancing panel. Click here to search for a Hendon conveyancing firm on the on the Dudley Building Society panel.