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 PI insurers such as AmTrust. It is a unique risk management tool.

This software facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with alerts on Tipton Coseley Building Society’s changes. Notwithstanding that utilising the tool 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 panel application and, just as importantly, protect your panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, results in reduced PII premiums.

Find a Law Firm approved by Tipton Coseley Building Society

Lenders often vary 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.

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Recent Changes Include

# Date Assoc. Changes Related To
3.1.6 01/12/2014 CML
verification of identity
3.1.5 01/12/2014 CML
ID Documentation
Tipton Coseley Building Society panel lawyers requirements re ID Documentation: Further acceptable documents (if any)
14.2.2 17/04/2013 CML
Post Completion Conveyancing
Which documents should approved lawyersfor Tipton Coseley Building Society send the title deeds and documents following completion?
3.2.3 17/04/2013 CML
Conveyancing Solicitors Details for Sellers
Tipton Coseley Building Society requirements for notification of the name and address of the solicitors firm or licensed conveyancers firm acting for the seller?
5.15.2d 17/04/2013 CML
Leasehold Conveyancing : Management Company
Tipton Coseley Building Society approved 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
5.5.3b 17/04/2013 CML
Planning Permissions
Tipton Coseley Building Society approved lawyers clarification as to whether they need to send an original/copy of any planning permissions
Lack of Planning Permission Indemnity Insurance
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
4.1 01/12/2010 CML
Mortage valuation
Do Tipton Coseley Building Society arrange for there to be a valuation report and if so, do they provide it to their conveyancing panel lawyers ?
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
5.5.1a 01/12/2010 CML
requirements in terms of time for planning consents

Last update 23/01/2020

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

The conveyancer I had intended to instruct on a purchase said he would charge more if my lender is due to their unusual legal requirements. Am I likely to be frustrated using Tipton Coseley Building Society? Is Tipton Coseley Building Society conveyancing so much more difficult?
Tipton Coseley Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders. It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender. It is not clear if your lawyer is on the Tipton Coseley Building Society conveyancing panel. If they are not, this does add further risk of delay as Tipton Coseley Building Society will appoint their own solicitors to look after their interest.
I am due to complete my purchase next Tuesday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Tipton Coseley Building Society. What risks do Tipton Coseley Building Society expect the insurance to cover?
All property lawyers on the Tipton Coseley 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 Tipton Coseley Building Society’s Part 2 requirements of the CML Handbook (last updated on Tipton Coseley Building Society). Being on the Tipton Coseley Building Society conveyancing panel your lawyer is expect to follow these instructions.
I am buying a house and require a conveyancing solicitor in Leeds who is on the Tipton Coseley Building Society approved. Could you point me in the right direction as regards a conveyancing 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 was supposed to complete on my flat yesterday. My solicitor is on the Tipton Coseley Building Society conveyancing panel but has moved offices 8 weeks ago and had not informed Tipton Coseley Building Society of their new address. Tipton Coseley Building Society is now refusing to release my funds until such time as their systems are up to date with the correct details.
This is as unusual as it is unlucky. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Tipton Coseley Building Society branch or your mortgage broker to see if they can help.
Can I be sure that the solicitor on the Tipton Coseley Building Society panel is any good?
seeking recommendations is a good start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer conducting your transaction
I am selling my flat. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Tipton Coseley Building Society are being a right pain. The solicitor who is on the Tipton Coseley Building Society conveyancing panel is recommending indemnity insurance as a solution but Tipton Coseley Building Society are requiring a building regulation certificate. Why do Tipton Coseley Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Tipton Coseley Building Society have referred the matter to their valuer. The reason why Tipton Coseley 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.
My ex -wife’s name is on the Tipton Coseley 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 Tipton Coseley Building Society mortgage in order to sell?
In terms of the Tipton Coseley 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 Tipton Coseley 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.