Stafford Railway Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers. COMPLETIONmonitor is a unique risk management tool.

This software assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Stafford Railway Building Society’s changes. Even though utilising the software is not a condition for acceptance on the Stafford Railway Building Society panel, demonstrating you can remain up to date with Stafford Railway Building Society’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your panel status.

The software generates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for many firms, leads to a PII saving.

Find a Law Firm approved by Stafford Railway Building Society

Mortgage companies frequently vary their requirements. The BSA instructions from Stafford Railway 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, Stafford Railway Building Society has made 5 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 546.0 days. In total, 3% of the sections of the BSA Requirements for Stafford Railway Building Society have been changed since 26/1/2010.

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Recent Changes Include

# Date Assoc. Changes Related To
E.12 21/03/2016 BSA
Mortgage Advance Mechanics
Details as to how Stafford Railway Building Society pay the mortgage advance to conveyancing panel lawyers
D.34 06/05/2014 BSA
Leasehold Conveyancing
Stafford Railway Building Society panel lawyers leasehold conveyancing requirements : minimum unexpired lease term
E.12 06/05/2014 BSA
Mortgage Advance Mechanics
Details as to how Stafford Railway Building Society pay the mortgage advance to conveyancing panel lawyers

Last update 12/01/2019

Stafford Railway Building Society Conveyancing Panel : Questions and Answers from members of the public

I need to swap lawyers as my lawyer is not on the Stafford Railway Building Society panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
Expecting to move into my new home next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as he informs me that he is duty bound to validate that it is in order for Stafford Railway Building Society. What risks do Stafford Railway Building Society expect the insurance to cover?
Any lawyer on the Stafford Railway 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 Stafford Railway Building Society’s Part 2 requirements of the CML Handbook (last updated on Stafford Railway Building Society). Being on the Stafford Railway 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 Hackney on the Stafford Railway Building Society conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for Stafford Railway 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. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
I am purchasing a semi-detached house and getting a mortgage with Stafford Railway Building Society. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Stafford Railway Building Society conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Stafford Railway Building Society conveyancing panel in your location.
I have paid off my mortgage with Stafford Railway Building Society. I assume I don't need a solicitor on the Stafford Railway Building Society panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Stafford Railway Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Stafford Railway Building Society mortgage from the register. Stafford Railway Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Stafford Railway Building Society has sent the Land Registry the discharge electronically, and the Stafford Railway Building Society has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Stafford Railway Building Society mortgage has been paid off.
The for formalities of my purchase has taken place with a loan from Stafford Railway Building Society. Conveyancing was satisfactory but I feel I should register my dissatisfaction about Stafford Railway Building Society. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first point of contact should be one of the Stafford Railway Building Society branches or the Customer Care Department at Stafford Railway Building Society head office. In most cases complaints to Stafford Railway Building Society are resolved effectively and efficiently. However if you are not satisfied that the matter is resolved you can write to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I am due to exchange contracts on my flat. I had a double glazing fitted in month 2010 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Stafford Railway Building Society are being pedantic. The solicitor who is on the Stafford Railway Building Society conveyancing panel is recommending indemnity insurance as a solution but Stafford Railway Building Society are requiring a building regulation certificate. Why do Stafford Railway Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Stafford Railway Building Society have referred the matter to their valuer. The reason why Stafford Railway 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.