The Chorley & District 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 such as AmTrust. COMPLETIONmonitor is a unique risk management tool.

This system facilitates the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on The Chorley & District Building Society’s changes. Notwithstanding that utilising the tool is not a condition for being on the The Chorley & District Building Society panel, demonstrating you can stay up to date with The Chorley & District Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your panel standing.

The software creates real-time alerts, automatically produces compliance 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 The Chorley & District Building Society

Lenders often vary their requirements. The BSA instructions from The Chorley & District 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, The Chorley & District Building Society has made 57 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 47.9 days. In total, 17% of the sections of the BSA Requirements for The Chorley & District Building Society have been changed since 26/1/2010.

To find out more about lender panel compliance,

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FAQs for the The Chorley & District Building Society Solicitor Panel from members of the public

It has come to my attention via my IFA that my the law firm I have appointed is not on the The Chorley & District Building Society Conveyancing panel. How can I check?
The first thing you need to do is to contact your lawyer directly. You lawyer should advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for The Chorley & District Building Society.
We are only a couple days away from an exchange and my parents having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender The Chorley & District Building Society. Apparently, being on the The Chorley & District Building Society conveyancing panel and acting on their behalf he must inform The Chorley & District Building Society if the balance of the mortgage advance is not just from me. I disclosed to the bank about my parent’s contribution when I applied for the home loan so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with The Chorley & District Building Society to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to The Chorley & District Building Society if you agree, failing which, your lawyer must cease to continue acting.
Do all the firms listed on your search have online case tracking as I understood that this was a condition of being on the The Chorley & District Building Society solicitor panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
Please explain the implications if my solicitor is removed from the The Chorley & District Building Society Conveyancing panel in advance of the completion date?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Is it the case that all conveyancing solicitors on the The Chorley & District Building Society conveyancing panel work on a no sale no fee 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 service
My brother and I have agreed a price on a house I spoke to a solicitor previously used by my brother and he recommended using a law firm approved by The Chorley & District Building Society. The estate agent recommended two local firms so I asked The Chorley & District Building Society if the 2 suggested solicitors are approved, which they are not. The Chorley & District Building Society pointed out that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of The Chorley & District Building Society 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Enquire of The Chorley & District Building Society for conveyancing panel firms in your area. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the The Chorley & District Building Society conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto The Chorley & District Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet The Chorley & District Building Society’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
My ex -wife’s name is on the The Chorley & District 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 The Chorley & District Building Society mortgage in order to sell?
As regards the The Chorley & District 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 The Chorley & District 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.