About Lexure Contact us

Newbury Building Society Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

Card image cap
How can my firm apply to be on the Newbury Building Society Conveyancing Panel?
Check your firm’s panel Status
Card image cap
How can my firm be reinstated onto the Newbury Building Society Conveyancing Panel?
Check your firm’s panel Status

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk management tool.

This system assists the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Newbury Building Society’s changes. Notwithstanding that utilising the tool is not a condition for acceptance on the Newbury Building Society panel, demonstrating you can stay up to date with Newbury Building Society’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your firm’s panel standing.

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, results in a PII saving.

Find a Law Firm approved by Newbury Building Society

Mortgage companies frequently vary their requirements. The BSA instructions from Newbury 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 2010, Newbury Building Society has made 27 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 101.1 days. In total, 15% of the sections of the BSA Requirements for Newbury Building Society have been changed since 26/1/2010.

To find out more about lender panel compliance,
Book a Personalised Demo

FAQs for the Newbury Building Society Conveyancing Panel from members of the public

My IFA has has requested my solicitor’s panel reference for the Newbury Building Society conveyancing panel. What is the best way to discover this. I have e-mailed my local Newbury Building Society branch but they have not got back to me yet.
You are best placed to get this information from your conveyancing lawyer. They should have a central record lender panel numbers including the Newbury Building Society panel reference.
Our lawyer has identified a defect with the lease for the apartment we are buying. The other side have offered defective title insurance as a solution. We are content with insurance and will cover the costs. Our solicitor has advised that as he is on the Newbury Building Society conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or Newbury Building Society?
Just because you have a mortgage offer from Newbury 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 Newbury Building Society are the client. These conveyancing instructions must be adhered to by the Newbury Building Society conveyancing panel who has to balance acting for you and Newbury Building Society
I am buying a property and need a conveyancing solicitor in Liverpool who is on the Newbury Building Society conveyancing. Could you point me in the right direction as regards a firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Newbury Building Society . We don’t recommend any particular firm.
I am attempting to get my ex-husband removed the mortgage deeds. Can Newbury Building Society really tell me which solicitor I can or can not retain?
You can use any solicitor you like but Newbury Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Newbury Building Society solicitors panel
Is it the case that all conveyancing lawyers on the Newbury Building Society conveyancing panel work on a no move no charge basis?
In the main there are no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their service
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Newbury Building Society. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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 Newbury Building Society you will need to appoint a solicitor on the Newbury Building Society conveyancing panel.
I am due to exchange contracts on my house. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Newbury Building Society are being pedantic. The solicitor who is on the Newbury Building Society conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Newbury Building Society are insisting on a building regulation certificate. Why do Newbury Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Newbury Building Society have referred the matter to their valuer. The reason why Newbury Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.

Copyright © Lexsure Limited, 2025

Privacy