Norwich and Peterborough Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based 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 mitigation tool.

This system optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Norwich and Peterborough Building Society’s changes. Notwithstanding that using the software is not a prerequisite for Norwich and Peterborough Building Society , demonstrating you can stay up to date with Norwich and Peterborough Building Society’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your panel status.

COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for many firms, results in a PII saving.

Book a Norwich and Peterborough Building Society Panel Compliance Demo

Banks and building societies often change their requirements. The BSA instructions from Norwich and Peterborough 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, Norwich and Peterborough Building Society has made 58 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 47.1 days. In total, 47% of the sections of the BSA Requirements for Norwich and Peterborough 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.34 27/04/2017 BSA
C.12 27/04/2017 BSA
D.43 21/02/2017 BSA
D.34 18/11/2016 BSA
E.12 21/03/2016 BSA
C.2 22/04/2015 BSA
D.24 06/10/2014 BSA
A.12 08/01/2014 BSA
B.3 29/10/2013 BSA
F.9 31/10/2011 BSA

Last update 09/11/2018

Norwich and Peterborough Building Society Conveyancing Panel Example Support Desk Enquires from members of the public

I instructed a firm of solicitors to carry out on my house purchase 4 weeks ago having applied for a mortgage with Norwich and Peterborough Building Society. The solicitors assured me that they are on Norwich and Peterborough Building Society conveyancing panel and gave me their panel reference. Norwich and Peterborough Building Society then called me to say that their panel number was dormant and would need to be reactivated. What happens next? Should I appoint a new solicitor listed on the approved panel for Norwich and Peterborough 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 Norwich and Peterborough Building Society conveyancing panel You may wish to enlist the help of your broker to check with the Norwich and Peterborough Building Society as to how long they think it will take to get the firm to get back on the panel.
Can you clarify something for me?. My lawyer is not to blame but, my purchase conveyancing has been going on for months. The Local Authority Search from Norwich and Peterborough Building Society was issued random date and we have agreed a date for me to move into the property on 6 months + 3. My solicitor has advised that as she is on the Norwich and Peterborough Building Society conveyancing panel she needs to reorder the searches as they are no longer valid.
One of the many conditions to being on the Norwich and Peterborough Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Norwich and Peterborough 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 Norwich and Peterborough Building Society.
I have been Googling for conveyancing quotes online. Can I be sure that all the firms that are identified on your site are on the Norwich and Peterborough Building Society conveyancing panel?
The law firms listed on our site have assured us via an online form that they are on the Norwich and Peterborough Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Norwich and Peterborough Building Society panel. To date we have not been informed by either a bank or a member of the public that the data about a specific firm being on the Norwich and Peterborough Building Society conveyancing panel is not accurate.
My grandfather passed away 10 months ago and as sole heir and executor was left the house. The house had a small mortgage remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Norwich and Peterborough Building Society , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Norwich and Peterborough Building Society will insist on your using a conveyancer on the Norwich and Peterborough Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Norwich and Peterborough Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Norwich and Peterborough Building Society mortgage is registered as a charge at the Land Registry.
The mortgage over my property is with Norwich and Peterborough Building Society. Conveyancing has been completed some time ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Norwich and Peterborough Building Society?
Your original mortgage agreement with Norwich and Peterborough Building Society will provide that you need their approval prior to letting out your property as this is likely to be a breach of Norwich and Peterborough Building Society’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Norwich and Peterborough Building Society directly. It should not be necessary to do this via a Norwich and Peterborough Building Society conveyancing panel solicitor.
I am due to exchange contracts on my flat. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Norwich and Peterborough Building Society are being problematic. The solicitor who is on the Norwich and Peterborough Building Society conveyancing panel is saying indemnity insurance will be fine but Norwich and Peterborough Building Society are requiring a building regulation certificate. Why do Norwich and Peterborough Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Norwich and Peterborough Building Society have referred the matter to their valuer. The reason why Norwich and Peterborough 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.
My ex -wife’s name is on the Norwich and Peterborough Building Society mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Norwich and Peterborough Building Society mortgage in order to sell?
In terms of the Norwich and Peterborough Building Society mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Norwich and Peterborough Building Society in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.