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Market Harborough 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 Market Harborough Building Society Conveyancing Panel?
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How can my firm be reinstated onto the Market Harborough Building Society Conveyancing Panel?
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COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk management tool.

This software is the only way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Market Harborough Building Society’s changes. While using the software is not a condition for being on the Market Harborough Building Society panel, demonstrating you can stay up to date with Market Harborough Building Society’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your panel status.

The system generates real-time alerts, automatically produces SRA 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 Market Harborough Building Society

Mortgage companies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Market Harborough Building Society 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, Market Harborough Building Society has made 81 revisions or additions to sections of their version of the UK Finance Handbook.
That equates to a section change every 33.7 days. In total, 30% of the sections of P2 of the UK Finance Lenders’ Handbook for Market Harborough Building Society have been changed since 15/12/2008.

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Market Harborough Building Society Conveyancing Panel Recently Asked Questions from members of the public

The solicitor my fiance and I had intended to instruct on a purchase said she would charge more if my mortgage is with Market Harborough Building Society due to their unusual legal requirements. Am I likely to be frustrated using Market Harborough Building Society? Any comments will be appreciated
Market Harborough Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders. It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender. It is not clear if your lawyer is on the Market Harborough Building Society conveyancing panel. If they are not, this does add further risk of delay as Market Harborough Building Society will appoint their own solicitors to look after their interest.
I am due to complete my purchase next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as he informs me that he is duty bound to validate that it is in order for Market Harborough Building Society. What risks do Market Harborough Building Society expect the insurance to cover?
All property lawyers on the Market Harborough Building Society conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Market Harborough Building Society’s Part 2 requirements of the CML Handbook (last updated on Market Harborough Building Society). Being on the Market Harborough Building Society conveyancing panel your lawyer is expect to follow these requirements.
Do I have to pop into the offices of the Market Harborough Building Society conveyancing panel solicitor to execute the legal charge? If so, I will choose one who does conveyancing in London so that I can pop in to their offices if required.
As opposed to 12 years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in London .
I am purchasing a semi-detached house and getting a mortgage with Market Harborough Building Society. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Market Harborough Building Society conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Market Harborough Building Society conveyancing panel in your location.
We have agreed to purchase a house.One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Market Harborough Building Society be concerned
Given that your lender is Market Harborough Building Society your lawyer must to check the Market Harborough Building Society conveyancing instructions contained in the Part of CML Handbook for Market Harborough Building Society . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Market Harborough 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.
In what circumstances might Market Harborough Building Society amend or withdraw their mortgage offer?
Lenders such as Market Harborough Building Society can withdraw their mortgage offer although this rarely happens. If Market Harborough Building Society withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are various possible reasons but here are a few examples:
  • If the financial circumstances of the borrower have changed to the detriment and the Market Harborough Building Society has been notified
  • If the borrower informs Market Harborough Building Society of a change in the loan amount agreed
  • A cashback to the buyer, or | part of the price includes a non-cash incentive to the buyer (eg paid stamp duty land tax),or | any indirect incentive (cash or non cash) or rental guarantee, of which the lender was previously unaware
  • Where the sale is not at arms length for value to unconnected persons
  • If the lender reasonably suspects that the applicant, borrower, mortgagor or guarantor is involved in any criminal or fraudulent activity, including trading in illegal drugs or other substances, theft, robbery, deception or other serious offences, or if the applicant borrower, mortgagor or guarantor has a conviction for any serious criminal offence, including theft, deception, fraud, robbery or trade in illegal drugs or other substances;
I have agreed a price on a flat I spoke to a solicitor previously used by my uncle and he suggested instructing a solicitor approved by Market Harborough Building Society. The estate agent recommended two local firms so I asked Market Harborough Building Society if the 2 suggested solicitors are approved, which they are not. Market Harborough Building Society 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 Market Harborough Building Society 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Market Harborough Building Society 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 Market Harborough Building Society 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 Market Harborough Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet Market Harborough Building Society’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.