West Bromwich Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and PI insurers. COMPLETIONmonitor is a unique risk mitigation tool.

This system is the only way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with alerts on West Bromwich Building Society’s changes. While utilising the software 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 a helpful support to your panel application and, more importantly, protect your firm’s panel standing.

The software creates real-time alerts, automatically produces COLP and CQS reports, and will enhance 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 West Bromwich Building Society

Mortgage companies often vary 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
C.12 06/04/2018 BSA
D.34 11/04/2017 BSA
B.22 06/09/2016 BSA
E.33 22/06/2015 BSA
B.7 24/02/2014 BSA
B.12 24/02/2014 BSA
C.15 24/02/2014 BSA
C.20 24/02/2014 BSA
D.25 24/02/2014 BSA

Last update 13/09/2019

West Bromwich Building Society Conveyancing Panel Sample Enquires to our Call Center from members of the public

I would like to know the reason why all solicitors aren't included on the West Bromwich Building Society Conveyancing panel?
As unjust as it may seem for West Bromwich Building Society to restrict who can act for them from the public’s or solicitor’s point of view, the other side of the coin is that the lenders are becoming ever more anxious and feel the necessary need to protect them from mortgage fraud and other illegal activities. As a result of this concern West Bromwich Building Society have restricted their panel of approved conveyancing lawyers to a size that they are happy to control. The West Bromwich Building Society lawyer panel is not the smallest
I am buying a newly built duplex and my solicitor is telling me that she has to disclose incentives from the developer as her practice is on the West Bromwich Building Society conveyancing panel. I am under pressure to sign contracts and I dont want to delay matters. Can I insist on an exchange regardless of what my lawyer says about being on the West Bromwich Building Society panel?
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 am searching for conveyancing quotes online. Can I be sure that all the firms that are identified on your directory are on the West Bromwich Building Society conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have advised us that they are on the West Bromwich Building Society panel and agreed to advise us to take down their listing in the event of removal off of the West Bromwich Building Society panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the West Bromwich Building Society conveyancing panel is incorrect.
I was scheduled to move into my first house last Thursday. My lawyer’s firm is on the West Bromwich Building Society solicitors panel but has changed address in the past couple of months and had not informed West Bromwich Building Society of their new address. West Bromwich 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 a rare situation indeed. 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 West Bromwich Building Society branch or your mortgage broker to see if they can assist.
I had instructed online solicitors based in Bristol who are on the West Bromwich Building Society solicitor panel. They have just invoiced me a separate fee of £195 for dealing with the West Bromwich Building Society mortgage. Is this an additional 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.
We expect to receive a DIP from West Bromwich 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 West Bromwich Building Society recommend a solicitor on the West Bromwich 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 West Bromwich Building Society conveyancing panel. The solicitor represents both you and the West Bromwich Building Society through the process.
I was told four weeks ago that my mortgage has been agreed to by West Bromwich Building Society. Is it usual for West Bromwich Building Society to only issue the offer once my solicitor is approved on their conveyancing panel?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for West Bromwich Building Society to deal with your lawyers application to be on the West Bromwich Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.