Tipton Coseley Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and professional indemnity insures. COMPLETIONmonitor is a unique risk management tool.

This software optimises the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Tipton Coseley Building Society’s changes. Even though using COMPLETIONmonitor is not a condition for acceptance on the Tipton Coseley Building Society panel, demonstrating you can remain up to date with Tipton Coseley Building Society’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your panel status.

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

Find a Law Firm approved by Tipton Coseley Building Society

Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from Tipton Coseley 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 2008, Tipton Coseley Building Society has made 61 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 44.8 days. In total, 27% of the sections of P2 of the UK Finance Lenders’ Handbook for Tipton Coseley Building Society have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
5.14.1 14/03/2016 CML
Leasehold Conveyancing
Tipton Coseley Building Society panel lawyers leasehold conveyancing requirements : minimum unexpired lease term
3.1.6 01/12/2014 CML
verification of identity
6.14.1b 01/12/2014 CML
buildings insurance in joint names or lender interest noted
5.20.4 06/08/2013 CML
Green Deal Plans
Tipton Coseley Building Society requirements for conveyancing panel/approved lawyers as to whether Tipton Coseley Building Society need to be advised as to details of any existing Green Deal Plan(s) on a property
5.14.13 17/04/2013 CML
Leasehold Conveyancing
Tipton Coseley Building Society approved lawyers leasehold conveyancing requirements : requirement as to whether a copy of the notice or evidence of service of Notice of Charge needs to be sent to them
5.15.2d 17/04/2013 CML
Leasehold Conveyancing : Management Company
Tipton Coseley Building Society panel lawyers leasehold conveyancing requirements : requirement as to whether a copy of the management company's memorandum and articles of association needs to be sent to them
5.5.3c 17/04/2013 CML
Building Regulation Consent
Tipton Coseley Building Society panel lawyers clarification as to whether they need to send an original/copy of any building regulation consents
5.5.3d 17/04/2013 CML
Certificates of Lawful Use
Tipton Coseley Building Society panel lawyers clarification as to whether they need to send any certificates of lawful use or development/established use certificates
Lack of Planning Permission Indemnity Insurance
5.13.1 01/12/2010 CML
Balance of Monies
Contact details at Tipton Coseley Building Society for approved lawyers where borrower is not providing balance of purchase price from funds/proposing to give second charge.
Insolvency Act Indemnity Insurance Deed of Gift Indemnity Insurance
6.6.1 13/04/2010 CML
contact point if property is let/to be let and to check lender requirements on buy-to-let

Last update 11/09/2019

Q and A’s regarding the Tipton Coseley Building Society Solicitor Panel from members of the public

I was advised recently by my lender that my the law firm I have appointed is not on the Tipton Coseley Building Society Solicitor panel. What can I do to check?
The best course of action for you to take is to contact your conveyancer. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may recommend you to a firm that is on the conveyancing panel for Tipton Coseley Building Society.
Our lawyer has identified a problem with the lease for the property we are purchasing. The seller’s lawyers have offered title insurance as a workaround. We are happy with insurance and will pay for it. Our lawyer says that as he is on the Tipton Coseley Building Society conveyancing panel he must ensure that the lender is happy with this solution. Are we the client or is Tipton Coseley Building Society?
Just because you have a mortgage offer from Tipton Coseley Building Society does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Tipton Coseley Building Society are the client. The appropriate lender requirements have to be complied with by the Tipton Coseley Building Society conveyancing panel who has to balance acting for you and Tipton Coseley Building Society
Are there any apps to help search for a local solicitor on the Tipton Coseley Building Society conveyancing panel? I have a car and am prepared to travel up to 20 miles to meet the solicitor.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Tipton Coseley Building Society solicitor panel.
I am attempting to get my ex-husband removed the mortgage deeds. Can Tipton Coseley Building Society really insist on which solicitor I can or can not instruct?
You can use any solicitor you like but Tipton Coseley Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Tipton Coseley Building Society solicitors panel
Do most banks operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Tipton Coseley Building Society conveyancing panel requirements are different to Tipton Coseley Building Society’s conveyancing panel criteria.
I had an offer accepted on a house on the 7th February 2014, valuation was booked 4 days after, all came back fine. Property lawyer retained, so all that was missing was my mortgage offer. Having made daily calls to Tipton Coseley Building Society and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Tipton Coseley Building Society conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Tipton Coseley Building Society to deal with your lawyers application to be on the Tipton Coseley Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.
At last I have had an offer on an apartment accepted, but there is a chain. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties in the pipeline. My conveyancing solicitor has been instructed. What do I do now? At what point should I appy for the mortgage with Tipton Coseley Building Society?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Tipton Coseley Building Society conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Tipton Coseley Building Society and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.