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Mansfield Building Society Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

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How can my firm apply to be on the Mansfield Building Society Conveyancing Panel?
Check your firm’s panel Status
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How can my firm be reinstated onto the Mansfield Building Society Conveyancing Panel?
Check your firm’s panel Status

COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk management tool.

This software assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Mansfield Building Society’s changes. Even though utilising COMPLETIONmonitor is not a prerequisite for Mansfield Building Society , demonstrating you can remain up to date with Mansfield Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your firm’s panel status.

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

Find a Law Firm approved by Mansfield Building Society

Lenders frequently vary their requirements. The BSA instructions from Mansfield 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, Mansfield Building Society has made 43 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 63.5 days. In total, 40% of the sections of the BSA Requirements for Mansfield Building Society have been changed since 26/1/2010.

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

My IFA has asked me for my law firm’s panel reference for the Mansfield Building Society conveyancing panel. Can you suggest how I discover this. I have contacted my local Mansfield Building Society branch but they have not responded to me.
You are best placed to get this information from your conveyancing lawyer. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Mansfield Building Society.
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 Mansfield Building Society will not agree to this. Why was Mansfield Building Society even consulted?
Your lawyer being on the Mansfield Building Society conveyancing panel is duty bound to inform Mansfield Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Mansfield Building Society then they would have to discontinue acting for you and Mansfield Building Society.
Are the lawyers identified as being on the Mansfield Building Society conveyancing panel, together with their details provided by Mansfield Building Society?
The law firm practices themselves provide us confirmation that they are on the Mansfield Building Society conveyancing panel as opposed to being supplied with a list from Mansfield Building Society directly.
Please explain the implications if my lawyer’s firm is suspended from the Mansfield Building Society Conveyancing panel prior to completion?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Do conveyancing lawyers on the Mansfield Building Society conveyancing panel work on a no sale no fee 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
We have a mortgage agreed in principle with Mansfield Building Society. Solicitors have been chosen? What is the average time that one could expect to receive a mortgage offer from Mansfield Building Society?
There is no definitive answer here. Have Mansfield Building Society completed the survey? Have you advised Mansfield Building Society as your lawyers details and checked that your lawyer is on the Mansfield Building Society conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
Intending to buy a house with a mortgage with Mansfield Building Society. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Mansfield 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 Mansfield Building Society conveyancing panel

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