West Bromwich Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s 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 software facilitates the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on West Bromwich Building Society’s changes. Notwithstanding that using this technology is not a prerequisite for West Bromwich Building Society , demonstrating you can remain up to date with West Bromwich Building Society’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, safeguard your firm’s panel standing.

The system generates real-time alerts, automatically produces compliance and CQS reports, and will increase 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 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, frequently:

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 panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
E.33 22/06/2015 BSA
Post Completion Conveyancing
Which documents should conveyancing panelfor West Bromwich Building Society send the title deeds and documents following completion?
C.15 24/02/2014 BSA
New Build Conveyancing
West Bromwich Building Society approved conveyancer requirements for New Build Conveyancing : will the West Bromwich Building Society proceed if the property does not have the benefit of a new home warranty scheme
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
E.1 24/02/2014 BSA
General Mortgage Instructions
Contact details at West Bromwich Building Society for approved lawyers to obtain mortgage documentation
E.12 24/02/2014 BSA
Mortgage Advance Mechanics
Details as to how West Bromwich Building Society pay the mortgage advance to conveyancing panel lawyers
B.3 24/02/2014 BSA
Withdrawal of Mortgage Offer
Circumstances in which West Bromwich Building Society may withdraw a mortgage offer
C.12 29/11/2012 BSA
New Build Conveyancing
West Bromwich Building Society approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
D.24 05/11/2012 BSA
Flying Freeholds and Freehold Flats
West Bromwich Building Society panel lawyers clarification as to whether they lend on flying freeholds and freehold flats

Last update 14/07/2019

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

Is the fact that my conveyancer is not identified on the West Bromwich Building Society Conveyancing panel that there is a problem with the quality of his conveyancing?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 3 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for West Bromwich Building Society.
Our conveyancer has identified a problem with the lease for the apartment we are buying. The other side have put forward defective title insurance as a solution. We are happy with insurance and will cover the costs. Our lawyer has advised that as he is on the West Bromwich Building Society conveyancing panel he must be satisfied that the lender is happy with this solution. Are we the client or is West Bromwich Building Society?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and West Bromwich Building Society are the client. 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 Handbook conditions require your lawyer to disclose issues such as defects will the lease so that West Bromwich Building Society can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Whilst your website is a good idea there are many lawyers listed near Middlesbrough on the West Bromwich Building Society conveyancing panel. Can you recommend a specific firm on the conveyancing panel for West Bromwich Building Society ?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
The lawyers that I appointed last week on my house acquisition in Newcastle has without warning shut down. I chose them because I had to have a solicitor on the West Bromwich Building Society conveyancing panel and my preferred lawyer was not. I gave them a cheque for £150 in advance. What do I do now?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the West Bromwich Building Society conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help
We have had an offer accepted on a house I spoke to a conveyancer previously used by my mum and he advised using a solicitor approved by West Bromwich Building Society. The estate agent recommended two local firms so I asked West Bromwich Building Society if the 2 suggested solicitors are approved, which they are not. West Bromwich Building Society pointed out that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of West Bromwich Building Society 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask West Bromwich Building Society for conveyancing panel firms in your area. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the West Bromwich Building Society conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto West Bromwich Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet West Bromwich Building Society’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
After shopping around on the internet I have found a solicitor having checked that they are on the West Bromwich Building Society conveyancing panel. Does my lawyer arrange the survey of the property? Or I've read lots of mortgage guides,I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my solicitor - who is on the West Bromwich Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
West Bromwich Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually West Bromwich Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller. or Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with West Bromwich Building Society you could contact your them to see if they have a list of approved surveyors.
West Bromwich Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up West Bromwich Building Society or your broker and complete any relevant paperwork. West Bromwich Building Society will tell you what documents they want. West Bromwich Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. West Bromwich Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.