Tipton Coseley Building Society Conveyancing Lender Panel Compliance Tool

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 system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Tipton Coseley Building Society’s changes. While utilising the software is not a prerequisite for Tipton Coseley Building Society , demonstrating you can stay up to date with Tipton Coseley Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your firm’s panel status.

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

Find a Law Firm approved by Tipton Coseley Building Society

Banks and building societies frequently 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, over time:

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 approved lawyers leasehold conveyancing requirements : minimum unexpired lease term
3.1.4 01/12/2014 CML
details of the seller's solicitors or licensed conveyancers
6.14.1a 01/12/2014 CML
contact point if property is not insured in accordance with lender requirement
6.14.1b 01/12/2014 CML
buildings insurance in joint names or lender interest noted
6.14.1c 01/12/2014 CML
buildings insurance total sum insured calculation
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
5.15.2c 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 signed blank stock transfer form needs to be sent to them
5.20.1 17/04/2013 CML
Solar Panels
Tipton Coseley Building Society requirements for conveyancing panel/approved lawyers as to whether Tipton Coseley Building Society need to be reported to where the lease does not meet the CML minimum requirements for leases of roof space for solar PV panels
17.2.1b 01/12/2010 CML
Evidence of Discharge of Mortgage
Do Tipton Coseley Building Society send the discharge via a DS 1 form or direct with the Land Registry?
5.10.1 07/05/2009 CML
contact point for restrictions on use

Last update 13/05/2019

Tipton Coseley Building Society Solicitor Panel Recently Asked Questions from members of the public

I have been advised by my broker that I have to pay Tipton Coseley Building Society fees if I use my own solicitor. How good are the Tipton Coseley Building Society conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and not exorbitantly priced. Are there any Tipton Coseley Building Society conveyancers you'd recommend?
Tipton Coseley Building Society’s conveyancing panel is substantial so it would be advisable to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that Tipton Coseley Building Society will allow to act for them.
can you help? My lawyer is assuring me that she is duty-bound to conduct a Local Authority search as the firm are on the Tipton Coseley Building Society conveyancing panel. Do I not have a choice here?
You have limited options available to you. Given that you are taking out a loan with Tipton Coseley Building Society your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of Tipton Coseley Building Society’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Tipton Coseley Building Society. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
I am buying a flat and need a conveyancing solicitor in who is on the Tipton Coseley Building Society conveyancing. Can you recommend a local firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Tipton Coseley Building Society . We don’t recommend any particular firm.
I am considering refinancing my flat does my lawyer have to be on the Tipton Coseley Building Society Conveyancing panel?
In theory, you could use a solicitor that is not on Tipton Coseley Building Society conveyancing panel, but Tipton Coseley Building Society would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
We expect to receive a DIP from Tipton Coseley Building Society this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Tipton Coseley Building Society recommend a solicitor on the Tipton Coseley 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 Tipton Coseley Building Society conveyancing panel. The solicitor represents both you and the Tipton Coseley Building Society through the process.
I can not work out if my mortgage offer requires a lease extension . I have telephoned Tipton Coseley Building Society on various occasions and was told they are content with the situation and they would lend. My solicitor - who is on the Tipton Coseley Building Society conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
As long as the conveyancer is on the Tipton Coseley Building Society panel she or he must comply with the CML Handbook requirements for Tipton Coseley Building Society. Unless your lawyer obtains specific confirmation in writing that Tipton Coseley Building Society will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Tipton Coseley Building Society to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
My offer on house has been accepted, the seller does however have a dependent purchase. 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.