National Counties Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and professional indemnity insures. 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 automatic updates on National Counties Building Society’s changes. Even though using the tool is not a prerequisite for National Counties Building Society , demonstrating you can stay up to date with National Counties Building Society’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, protect your panel status.

The system 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, leads to reduced PII premiums.

Find a Law Firm approved by National Counties Building Society

Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from National Counties 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, National Counties Building Society has made 136 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 20.1 days. In total, 44% of the sections of P2 of the UK Finance Lenders’ Handbook for National Counties 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
14.2.1 08/12/2016 CML
Post Completion Conveyancing
Where should conveyancing panelfor National Counties Building Society send the title deeds and documents following completion?
6.14.1b 01/12/2014 CML
buildings insurance in joint names or lender interest noted
6.14.1d 01/12/2014 CML
maximum excess re building insurance
10.3 15/09/2014 CML
Mortgage Advance and Certificate of Title
What are the standard deductions made by National Counties Building Society from the mortgage advance?
16.5.2 15/09/2014 CML
Deed of Variation
Contact details at National Counties Building Society for conveyancing panel lawyers for confirming proposed deed of variation or agreement will not adversely affect National Counties Building Society
17.2.1a 15/09/2014 CML
Redemption Payments
Where do solicitors and conveyancers send the discharge and repayment remittance in relation to National Counties Building Society mortgages ?
4.3 15/09/2014 CML
Mortage valuation
Contact details at National Counties Building Society for approved lawyers where assumptions stated by the valuer are incorrect
5.13.1 15/09/2014 CML
Balance of Monies
Contact details at National Counties Building Society for approved lawyers where borrower is not providing balance of purchase price from funds/proposing to give second charge.
Insolvency Act Indemnity Insurance Deed of Gift Indemnity Insurance
5.5.1a 15/09/2014 CML
requirements in terms of time for planning consents
5.7.1a 15/09/2014 CML
Flying Freeholds
National Counties Building Society approved lawyers clarification as to whether they lend on flying freeholds
Flying Freehold Indemnity Insurance

Last update 22/05/2019

Frequently asked questions relating to the National Counties Building Society Solicitor Panel from members of the public

I appointed a solicitor to carry out on my purchase six weeks ago having applied for a mortgage with National Counties Building Society. The law firm confirmed to me that they are on National Counties Building Society conveyancing panel and provided me their panel reference. National Counties Building Society then told me that their panel number was dormant and would need to be reactivated. What happens next? Should I appoint a new solicitor listed on the conveyancing panel for National Counties Building Society?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the National Counties Building Society conveyancing panel You may wish to enlist the help of your broker to check with the National Counties Building Society as to how long they think it will take to get the firm to get back on the panel.
Our nephew is about to exchange on a newly built flat with a mortgage from National Counties Building Society. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the National Counties Building Society conveyancing panel as a standard part of the process, and to the surveyor when requested.

The Developer will be required to start the process by downloading the form and completing it.

The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the National Counties Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

I am planning to acquire a flat and need a conveyancing solicitor in Birmingham who is on the National Counties Building Society solicitor. Could you point me in the right direction as regards a conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for National Counties Building Society . We don’t recommend any particular firm.
I am purchasing a right to buy flat and getting a mortgage with National Counties Building Society. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the National Counties 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 National Counties Building Society conveyancing panel in your location.
When it comes to lenders such as National Counties Building Society do solicitors have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
is it true that all solicitor practices on the National Counties Building Society conveyancing panel overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the National Counties Building Society conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
Do the majority of lenders operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the National Counties Building Society conveyancing panel requirements are different to National Counties Building Society’s conveyancing panel criteria.