Nottingham Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers. COMPLETIONmonitor is a unique risk management tool.

This software is the only way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Nottingham Building Society’s changes. Notwithstanding that using the software is not a prerequisite for Nottingham Building Society , demonstrating you can stay up to date with Nottingham Building Society’s Handbook requirements is a helpful support to your panel application and, just as importantly, safeguard your panel standing.

The software creates real-time alerts, automatically produces SRA and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to reduced PII premiums.

Find a Law Firm approved by Nottingham Building Society

Lenders frequently 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, frequently:

A Timeline of Policy Changes


Since 2010, Nottingham Building Society has made 21 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 130.0 days. In total, 15% of the sections of the BSA Requirements for Nottingham Building Society have been changed since 26/1/2010.

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Recent Changes Include

# Date Assoc. Changes Related To
C.12 29/08/2018 BSA
C.2 06/04/2018 BSA
D.34 25/08/2015 BSA
A.10 14/02/2014 BSA
D.55 14/02/2014 BSA
E.10 14/02/2014 BSA
E.18 14/02/2014 BSA
F.10 14/02/2014 BSA
C.12 14/02/2014 BSA
B.3 14/02/2014 BSA

Last update 09/09/2019

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

My property lawyer is not on the Nottingham Building Society Conveyancing Panel. Can I still retain my preferred solicitor notwithstanding that they are not on the Nottingham Building Society list of approved lawyers?
You have a number of options available to you here:
  1. Complete the purchase with your existing lawyers but Nottingham Building Society will need to instruct a lawyer on the Nottingham Building Society conveyancing panel. This will result in additional cost and potential delay.
  2. Get a new solicitor to act in the purchase, obviously checking they are on the Nottingham Building Society conveyancing panel.
  3. Convince your lawyer to do everything within their powers to join the Nottingham Building Society conveyancing panel
I am buying a newly built duplex and my conveyancer is telling me that she has to reveal incentives from the builder as her practice is on the Nottingham Building Society conveyancing panel. The Estate Agents are hassling me to sign contracts and I have no desire to delay the conveyancing. Is my lawyer right?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Nottingham Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Nottingham Building Society). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Do all the firms listed on your search have online case tracking as I understood that this was a condition of being on the Nottingham Building Society conveyancing panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
My lawyers in Liverpool have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with Nottingham Building Society. Is it case that being on the Nottingham Building Society conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Nottingham Building Society Conveyancing Panel Terms. It might be worth you contacting Nottingham Building Society directly.
Is it the case that all conveyancing lawyers on the Nottingham 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 package
We expect to receive a DIP from Nottingham Building Society this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Nottingham Building Society recommend a solicitor on the Nottingham Building Society conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Nottingham Building Society conveyancing panel. The solicitor represents both you and the Nottingham Building Society through the process.
Nottingham Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Nottingham Building Society or your broker and complete any relevant paperwork. Nottingham Building Society will tell you what documents they want. Nottingham Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Nottingham Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.