Market Harborough 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 Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.

This system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Market Harborough Building Society’s changes. While utilising 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 a helpful support to your application to their lender panel and, more importantly, safeguard your panel standing.

The system creates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.

Find a Law Firm approved by Market Harborough Building Society

Mortgage companies often change 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 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.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
6.7.1 14/09/2017 CML
3.1.3 06/09/2017 CML
3.1.4 01/12/2014 CML
6.14.1a 01/12/2014 CML
6.14.1 01/12/2014 CML
5.20.1 13/08/2012 CML
10.2a 01/12/2010 CML
5.17.5a 01/12/2010 CML
6.6.4 01/12/2010 CML
14.2.2 26/08/2009 CML

Last update 11/07/2019

Frequently asked questions relating to the Market Harborough Building Society Solicitor Panel from members of the public

I am obtaining a offer of a mortgage from Market Harborough Building Society. I would like to enlist the help of a Licensed Conveyancer. Does the Market Harborough Building Society Conveyancing panel include conveyancers regulated by the CLC
Market Harborough Building Society’s approved solicitor list is, like many other lenders represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Please assist. My lawyer is not to blame but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Market Harborough Building Society was dated random date and we have agreed a date for me to move into the property on 10 days inc Day of week eg. Mon. My lawyer says that as she is on the Market Harborough Building Society conveyancing panel she needs to reorder 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 requirements (last updated for this lender on Market Harborough Building Society)which states that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Market Harborough Building Society.
Are the lawyers identified as being on the Market Harborough Building Society conveyancing panel, together with their details provided by Market Harborough Building Society?
The firms themselves provide us confirmation that they are on the Market Harborough Building Society conveyancing panel as opposed to being supplied with a list from Market Harborough Building Society directly.
I am buying a garden flat and getting a mortgage with Market Harborough Building Society. How practical is it for me to do the conveyancing?
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 were going to get a DIP from Market Harborough Building Society this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Market Harborough Building Society recommend a solicitor on the Market Harborough Building Society conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Market Harborough Building Society conveyancing panel. The solicitor represents both you and the Market Harborough Building Society through the process.
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Market Harborough Building Society. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Market Harborough Building Society you will need to appoint a solicitor on the Market Harborough Building Society conveyancing panel.
I have instructed a lawyer having checked that they are on the Market Harborough Building Society conveyancing panel. Does my lawyer arrange the survey of the property? Or I've digested plenty of house buying,I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my solicitor - who is on the Market Harborough Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Market Harborough Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Market Harborough Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller. or Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Market Harborough Building Society you could contact your them to see if they have a list of approved surveyors.