Market Harborough Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and professional indemnity insures. It is a unique risk mitigation tool.

This system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with notifications given 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 application to their lender panel and, just as importantly, safeguard your firm’s panel standing.

COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, leads to a PII saving.

Find a Law Firm approved by Market Harborough Building Society

Lenders often 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, over time:

A Timeline of Policy Changes


Since 2008, Market Harborough Building Society has made 64 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 42.7 days. In total, 27% 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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Recent Changes Include

# Date Assoc. Changes Related To
3.1.3 06/09/2017 CML
5.5.1a 01/12/2014 CML
6.14.4 01/12/2014 CML
10.2b 02/12/2010 CML
17.2.1b 02/12/2010 CML
10.2b 01/12/2010 CML
16.5.3c 01/12/2010 CML
17.2.1b 01/12/2010 CML
5.7.1a 01/12/2010 CML
6.6.4 01/12/2010 CML

Last update 22/03/2020

Examples of recent questions relating to the Market Harborough Building Society Solicitor Panel from members of the public

My financial adviser has has requested my lawyer’ panel member for the Market Harborough Building Society conveyancing panel. Can you suggest how I discover this. I have contacted my local Market Harborough Building Society office but they don't know it.
You are best placed to get this information from your conveyancing lawyer. They should have a central record lender panel numbers including the Market Harborough Building Society panel reference.
Can you help?. For no fault of my lawyer but, my purchase conveyancing has been going on for months. The Local Authority Search from Market Harborough Building Society was issued random date and we have agreed a date for me to move into the property on 6 months + 3. My solicitor says that as she is on the Market Harborough Building Society conveyancing panel she needs to redo the searches as they are no longer acceptable to the lender.
A precondition to being on the Market Harborough Building Society approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Market Harborough Building Society)which states that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Market Harborough Building Society.
I note that you have a post code search directory listing law firms on the Market Harborough Building Society conveyancing panel. Do firms pay you a commission if I instruct them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the Market Harborough Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I was scheduled to complete on my dream home last Thursday. My lawyer’s firm is on the Market Harborough Building Society conveyancing panel but has moved offices in the past couple of months and had not advised Market Harborough Building Society of their new address. Market Harborough Building Society is now refusing to release my funds as the information from the solicitors isn't correct.
This is a rare situation indeed. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Market Harborough Building Society branch or your mortgage broker to see if they can help.
I have a mortgage with Market Harborough Building Society. Conveyancing was finalised some time ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Market Harborough Building Society?
Market Harborough Building Society must be informed of your intention in advance of letting out your property as this is likely to be a breach of Market Harborough Building Society’s mortgage conditions. It may be that Market Harborough Building Society will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Market Harborough Building Society directly. It should not be necessary to do this via a Market Harborough Building Society conveyancing panel lawyer.
The for formalities of my purchase has taken place with a mortgage from Market Harborough Building Society. Conveyancing was a necessary evil but I would like to complain about Market Harborough Building Society. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the Market Harborough Building Society branches or the Customer Care Department at Market Harborough Building Society head office. In most cases complaints to Market Harborough Building Society are resolved very quickly. However if you are not satisfied that the matter is resolved you can write to the Financial Ombudsman Service with full details of your complaint.
It is not clear whether my mortgage offer requires a lease extension . I have telephoned Market Harborough Building Society on various occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Market Harborough Building Society conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
Your lawyer has to follow the CML Handbook Part 2 requirements for Market Harborough Building Society. Unless your lawyer obtains specific confirmation in writing that Market Harborough Building Society will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Market Harborough Building Society to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.