Tipton Coseley Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and PI insurers such as AmTrust. It is a unique risk management tool.

This software optimises the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on Tipton Coseley Building Society’s changes. While utilising this technology is not a condition for being on the Tipton Coseley Building Society panel, demonstrating you can stay up to date with Tipton Coseley Building Society’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel standing.

COMPLETIONmonitor creates real-time alerts, automatically produces SRA and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for many firms, results in a PII saving.

Find a Law Firm approved by Tipton Coseley Building Society

Banks and building societies frequently 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
3.1.4 01/12/2014 CML
details of the seller's solicitors or licensed conveyancers
6.14.1b 01/12/2014 CML
buildings insurance in joint names or lender interest noted
6.14.4 01/12/2014 CML
sending a copy of the buildings insurance policy and last premium
3.1.5 01/12/2014 CML
ID Documentation
Tipton Coseley Building Society approved lawyers requirements re ID Documentation: Further acceptable documents (if any)
5.14.12 17/04/2013 CML
Leasehold Conveyancing
Tipton Coseley Building Society approved lawyers leasehold conveyancing requirements : requirement as to whether a clear ground rent/service charge receipt needs to be sent to them
5.15.2b 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 share certificate needs to be sent to them
5.2.1 17/04/2013 CML
Seller not registered
Contact details at Tipton Coseley Building Society for approved lawyers for where the seller is not the owner or registered proprietor and is not listed in the exceptions in the CML Handbook P1.
5.4.6 10/05/2012 CML
Conveyancing Searches: Search Insurance
Tipton Coseley Building Society panel lawyers clarification as to whether they accept search insurance and, if yes, the Tipton Coseley Building Society requirements
Local Search Indemnity Insurance
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 ?
5.10.1 07/05/2009 CML
contact point for restrictions on use

Last update 09/11/2019

Examples of recent questions relating to the Tipton Coseley Building Society Conveyancing Panel from members of the public

It has come to my attention via my mortgage broker that my solicitor is not on the Tipton Coseley Building Society Conveyancing panel. How can I be certain that this is indeed the case?
You need to contact your conveyancer. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a firm that is on the the approved Tipton Coseley Building Society solicitor panel.
Expecting to complete my purchase next Monday. 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 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.
How do I find a local solicitor on the Tipton Coseley Building Society conveyancing panel? I have a car and am prepared to travel up to 25 kilometers to meet the conveyancer.
Feel free to make use of the find a conveyancing panel tool on this website. 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.
My conveyancers in Liverpool have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with Tipton Coseley Building Society. Is it case that being on the Tipton Coseley Building Society conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Tipton Coseley Building Society Conveyancing Panel Terms. It might be worth you contacting Tipton Coseley Building Society directly.
I am about to exchange contracts on a purchase with a mortgage from Tipton Coseley Building Society. The report from my solicitor mentions that Tipton Coseley Building Society could withdraw their offer before completion. Is this right?
Lenders such as Tipton Coseley Building Society can revoke their mortgage offer although this rarely happens. In the unlikely event that Tipton Coseley Building Society withdraw their offer they may or may not inform you or the lawyer as to the reasons why. There are many potential reasons but here are a number of examples:
  • Tipton Coseley Building Society may amend or withdraw an offer if the Tipton Coseley Building Society conveyancing panel solicitor is unable to confirm compliance with any of the conditions of the mortgage offer or if any of the terms of the mortgage offer cannot be satisfied
  • If the financial circumstances of the borrower have changed to the detriment and the Tipton Coseley Building Society has been notified
  • Where the sale is not at arms length for value to unconnected persons
  • Where the lender is on notice of a restriction or a right of pre-emption which is not at market value
  • Where the Lender’s right to possession is fettered in some way
It is not clear whether my mortgage offer requires a lease extension . I have called Tipton Coseley Building Society on numerous occasions and told it wasn't a problem 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. I simply dont know who is right
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.
I am due to exchange contracts on my house. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Tipton Coseley Building Society are being problematic. The solicitor who is on the Tipton Coseley Building Society conveyancing panel is saying indemnity insurance will be fine 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.