West Bromwich Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and professional indemnity insures. It is a unique risk management tool.

This system is the only way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on West Bromwich Building Society’s changes. Notwithstanding that using the tool is not a condition for acceptance on the West Bromwich Building Society panel, demonstrating you can remain up to date with West Bromwich Building Society’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel standing.

The system creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to a PII saving.

Find a Law Firm approved by West Bromwich Building Society

Banks and building societies often change their requirements. The BSA instructions from West Bromwich 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 2010, West Bromwich Building Society has made 103 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 26.5 days. In total, 36% of the sections of the BSA Requirements for West Bromwich Building Society have been changed since 26/1/2010.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
C.12 06/04/2018 BSA
New Build Conveyancing
West Bromwich Building Society panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
C.12 06/04/2018 BSA
New Build Conveyancing
West Bromwich Building Society approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
C.12 11/04/2017 BSA
New Build Conveyancing
West Bromwich Building Society panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
A.3 24/02/2014 BSA
General Mortgage Instructions
Contact details at West Bromwich Building Society for conveyancing panel lawyers to if West Bromwich Building Society will lend when borrower and mortgagor are not one and the same.
B.12 24/02/2014 BSA
Sellers not having Legal Representation
Contact details at West Bromwich Building Society for approved lawyers where there seller is not represented by a solicitor or licensed conveyancer .
C.20 24/02/2014 BSA
Roads and Sewers
West Bromwich Building Society requirements for approved lawyers for unadopted roads or sewers
C.21 24/02/2014 BSA
Easements
West Bromwich Building Society requirements for approved lawyers for lack of enforcability of necessary easements
D.22 24/02/2014 BSA
Planning Permission and Building Regulation Consent
West Bromwich Building Society approved lawyers clarification as to whether they need to send an original/copy of any building regulation consents and planning permissions
D.52 24/02/2014 BSA
Leasehold Conveyancing : Management Company
West Bromwich Building Society approved lawyers leasehold conveyancing requirements : requirement as to whether a copy of the management company documents need to be sent to them
B.3 24/02/2014 BSA
Withdrawal of Mortgage Offer
Circumstances in which West Bromwich Building Society may withdraw a mortgage offer

Last update 15/05/2019

West Bromwich Building Society Conveyancing Panel Example Support Desk Enquires from members of the public

Much to my surprise I have been told by my financial adviser that my the law firm I have appointed is not on the West Bromwich Building Society Conveyancing panel. How can I be sure that this is correct?
The best course of action for you to take is to contact your lawyer directly. It is reasonable to expect your lawyer to 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 West Bromwich Building Society.
I am buying a brand new apartment and my conveyancer is advising me that she has to reveal incentives from the seller as her practice is on the West Bromwich Building Society conveyancing panel. I am under pressure to exchange contracts and my preference is not to prolong deal. Is my lawyer right?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the West Bromwich Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on West Bromwich Building Society). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the West Bromwich Building Society conveyancing panel. My lawyer has said that they are on the West Bromwich Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the West Bromwich Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the West Bromwich Building Society solicitor panel.
I am attempting to get my ex-wife taken off the mortgage deeds. Can West Bromwich Building Society really tell me which solicitor I can or can not use?
You can use any solicitor you like but West Bromwich 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 West Bromwich Building Society solicitors panel
I previously instructed online conveyancers located in Manchester who are on the West Bromwich Building Society solicitor panel. They are now charging me a separate fee of £175 for dealing with the West Bromwich Building Society mortgage. Is this a supplemental conveyancing fee set by West Bromwich Building Society?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by West Bromwich Building Society but by your lawyers. Some firms on the West Bromwich Building Society will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
I have a mortgage with West Bromwich Building Society. Conveyancing was finalised 12 months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform West Bromwich Building Society?
West Bromwich Building Society must be informed of your intention prior to renting your property as this is likely to be a breach of West Bromwich Building Society’s mortgage conditions. It may be that West Bromwich Building Society will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact West Bromwich Building Society directly. You need not do this via a West Bromwich Building Society conveyancing panel lawyer.
After much negotiation I have agreed a price on a house. My financial adviser suggested a solicitor I paid an upfront payment of 200. Soon after the conveyancers contacted me to say that they were not on the West Bromwich Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the West Bromwich Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.