Nottingham 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 professional indemnity insures. COMPLETIONmonitor is a unique risk mitigation tool.

This software optimises the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Nottingham Building Society’s changes. Notwithstanding that utilising the software is not a condition for being on the Nottingham Building Society panel, demonstrating you can stay up to date with Nottingham Building Society’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, safeguard your firm’s panel status.

The software generates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to reduced PII premiums.

Find a Law Firm approved by Nottingham Building Society

Banks and building societies often change their requirements. The BSA instructions from Nottingham 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, Nottingham Building Society has made 23 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 118.7 days. In total, 16% of the sections of the BSA Requirements for Nottingham Building Society have been changed since 26/1/2010.

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FAQs : The Nottingham Building Society Conveyancing Panel from members of the public

A lawyer my husband and I wanted to use for conveyancing on a remortgage said he will levy higher legal fees if my mortgage is with Nottingham Building Society due to their unusual legal requirements. Am I likely to be frustrated using Nottingham Building Society? Any comments will be appreciated
Nottingham Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders. It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender. It is not clear if your lawyer is on the Nottingham Building Society conveyancing panel. If they are not, this does add further risk of delay as Nottingham Building Society will appoint their own solicitors to look after their interest.
Our son-in-law is purchasing a new build apartment with a mortgage from Nottingham Building Society. His conveyancer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Nottingham Building Society conveyancing panel as a standard part of the process, and to the valuer when asked.

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 Nottingham 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 note that you have a post code search directory listing solicitors on the Nottingham Building Society conveyancing panel. Do firms pay you a referral fee if I retain them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
My grandmother passed away last year and as sole heir and executor was left the property. The house had a relatively small loan left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Nottingham Building Society , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Nottingham Building Society will insist on your using a conveyancer on the Nottingham 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 Nottingham 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 Nottingham Building Society mortgage is registered as a charge at the Land Registry.
Are all Conveyancing Quality Solicitors on the Nottingham Building Society conveyancing panel?
It is true that some lenders now use CQS as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
I had instructed online conveyancers located in Bristol who are on the Nottingham Building Society solicitor panel. They have just invoiced me a separate fee of £150 for the legal aspects of the Nottingham Building Society mortgage. Is this an additional conveyancing fee set by Nottingham Building Society?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Nottingham Building Society but by your lawyers. Some firms on the Nottingham Building Society will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
Can I register a complaint to Nottingham Building Society about the lawyers being on the Nottingham Building Society conveyancing panel?
Complaining to Nottingham 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 properly dealt with 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.