Melton Mowbray Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and PI insurers. COMPLETIONmonitor is a unique risk mitigation tool.

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

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

Find a Law Firm approved by Melton Mowbray Building Society

Lenders frequently change their requirements. The BSA instructions from Melton Mowbray 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 2010, Melton Mowbray Building Society has made 46 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 59.3 days. In total, 30% of the sections of the BSA Requirements for Melton Mowbray Building Society have been changed since 26/1/2010.

To find out more about lender panel compliance,

Book a Personalised Demo

Melton Mowbray Building Society Solicitor Panel Example Support Desk Enquires from members of the public

I have just been informed by my lender that my solicitor is not on the Melton Mowbray Building Society Conveyancing panel. How can I be certain that this is indeed the case?
The first thing you need to do is to contact your lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a firm that is on the the approved Melton Mowbray Building Society solicitor panel.
Our solicitor has identified a defect with the lease for the apartment we are purchasing. The seller’s lawyers have offered title insurance as a workaround. We are happy with insurance and will pay for it. Our solicitor says that as he is on the Melton Mowbray Building Society conveyancing panel he must check that the lender is happy with this solution. Are we the client or is Melton Mowbray Building Society?
Just because you have a mortgage offer from Melton Mowbray Building Society does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Melton Mowbray Building Society are the client. The appropriate lender requirements must be adhered to by the Melton Mowbray Building Society conveyancing panel who has to balance acting for you and Melton Mowbray Building Society
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Melton Mowbray Building Society conveyancing panel. My lawyer has said that they are on the Melton Mowbray Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Melton Mowbray Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Melton Mowbray Building Society solicitor panel.
The firm that just started acting on my house acquisition in Hendon has without warning closed. I chose them because I needed a solicitor on the Melton Mowbray Building Society conveyancing panel and my previous lawyer was not. I gave my credit card details for them to take £175 for searches. What are my options?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Melton Mowbray Building Society conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist
How can we tell if a solicitor on the Melton Mowbray Building Society panel is any good?
seeking 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 advise that you speak with the lawyer conducting your transaction
We have agreed to purchase a house.One unusual aspect is that the roof has a solar panel. Melton Mowbray Building Society have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Melton Mowbray Building Society your lawyer must to check the Melton Mowbray Building Society conveyancing instructions contained in the Part of CML Handbook for Melton Mowbray Building Society . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Melton Mowbray 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.
On the whole I have been dissatisfied with the level or service received from my lawyer. Is there a Melton Mowbray Building Society conveyancing panel complaints department or do I complain directly to the law firm?
There is little point in complaining directly to Melton Mowbray Building Society. Every solicitor firm and conveyancer must have a complaints procedure. You can get information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.

The Legal Ombudsman will make sure that your complaint is addressed by the solicitor. It can also advise you how to complain.

If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.