Hanley Economic Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers such as AmTrust. It is a unique risk management tool.

This system is the only way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Hanley Economic Building Society’s changes. Even though using COMPLETIONmonitor is not a prerequisite for Hanley Economic Building Society , demonstrating you can remain up to date with Hanley Economic Building Society’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, safeguard your firm’s panel standing.

The software generates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in reduced PII premiums.

Find a Law Firm approved by Hanley Economic Building Society

Mortgage companies often vary their requirements. The BSA instructions from Hanley Economic 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, Hanley Economic Building Society has made 30 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 91.0 days. In total, 5% of the sections of the BSA Requirements for Hanley Economic Building Society have been changed since 26/1/2010.

To find out more about lender panel compliance,

Book a Personalised Demo

FAQs : The Hanley Economic Building Society Conveyancing Panel from members of the public

I appointed a solicitor to conduct the legal paperwork on my purchase three weeks ago having applied for a mortgage with Hanley Economic Building Society. The solicitors assured me that they are on Hanley Economic Building Society conveyancing panel and gave me their panel number. Hanley Economic Building Society then told me that their panel number was dormant and would need to be reactivated. What do I do from here? Do I instruct a different law firm listed on the approved panel for Hanley Economic Building Society?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the Hanley Economic Building Society conveyancing panel You may wish to enlist the help of your broker to check with the Hanley Economic Building Society as to how long they think it will take to get the firm to get back on the panel.
Much to my surprise my conveyancing solicitor has informed me that he requires identification documents stating that this is part of his obligations as a conveyancer on the Hanley Economic Building Society Solicitor panel. This is news to me - can I refuse?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that Hanley Economic Building Society also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Hanley Economic Building Society CML Handbook requirements last updated on Hanley Economic Building Society
I am buying a flat and need a conveyancing solicitor in Liverpool who is on the Hanley Economic Building Society conveyancing. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Hanley Economic Building Society . We don’t recommend any particular firm.
We're in Wales, First time buyers purchasing with a mortgage (lender is Hanley Economic Building Society , but our solicitor is on the Hanley Economic Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Hanley Economic Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
Can I be sure that the solicitor on the Hanley Economic Building Society panel is any good?
Getting recommendations is a sensible start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor handling your conveyancing
Planning on purchasing a flat with a mortgage with Hanley Economic Building Society. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Hanley Economic Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Hanley Economic Building Society conveyancing panel
I was told two weeks ago that my mortgage has been agreed to by Hanley Economic Building Society. Is it usual for Hanley Economic Building Society to only issue the offer once my solicitor is approved on their conveyancing panel?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Hanley Economic Building Society to deal with your lawyers application to be on the Hanley Economic Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.