Newbury Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and professional indemnity insures. COMPLETIONmonitor is a unique risk mitigation tool.

This software assists the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Newbury Building Society’s changes. Even though using the tool is not a prerequisite for Newbury Building Society , demonstrating you can stay up to date with Newbury Building Society’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your firm’s panel standing.

The software creates real-time alerts, automatically produces compliance and CQS reports, and will enhance 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 often change 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, frequently:

A Timeline of Policy Changes


Since 2010, Newbury Building Society has made 20 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 136.5 days. In total, 11% 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,

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Recent Changes Include

# Date Assoc. Changes Related To
D.13 23/11/2018 BSA
C.12 10/10/2018 BSA
C.12 28/07/2017 BSA
D.26 28/06/2017 BSA
E.12 21/03/2016 BSA
C.12 20/01/2016 BSA
A.12 12/05/2014 BSA
D.55 17/06/2013 BSA
C.12 17/06/2013 BSA
C.12 22/07/2010 BSA

Last update 14/03/2019

Newbury Building Society Conveyancing Panel Recently Asked Questions from members of the public

I am expecting a mortgage offer from Newbury Building Society. I hope to retain the legal services of a Licensed Conveyancer. Does the Newbury Building Society Conveyancing panel allow for Licensed Conveyancers
Newbury Building Society’s conveyancing panel is, like many other lenders associated to the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am due to complete my purchase next Thursday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Newbury Building Society. What does the insurance need to cover?
All property lawyers on the Newbury Building Society conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Newbury Building Society’s Part 2 requirements of the CML Handbook (last updated on Newbury Building Society). Being on the Newbury Building Society conveyancing panel your lawyer is expect to follow these instructions.
Whilst your website is a good idea there are many lawyers listed near Newcastle on the Newbury Building Society conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for Newbury Building Society ?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
I would like to get my ex-wife removed the mortgage deeds. Can Newbury Building Society really insist on 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 there a list of Newbury Building Society panel conveyancers on the CML Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
My fiance and I are at the point of looking at flats and now considering a potential offer. Is it premature to have a solicitor in place? I intend to finance via a home loan with Newbury Building Society
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Newbury Building Society , ask your prospective lawyers check they are on the Newbury Building Society conveyancing panel otherwise they can't do the mortgage legal work.
Can I register a complaint to Newbury Building Society about the lawyers being on the Newbury Building Society conveyancing panel?
Complaining to Newbury Building Society about their conveyancing panel is unlikely to yield much of a response. Every solicitor firm and conveyancer must have a complaints procedure. Usually one can find this 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.