West Bromwich Mortgage Company 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 mitigation tool.

This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on West Bromwich Mortgage Company’s changes. Notwithstanding that using this technology is not a prerequisite for West Bromwich Mortgage Company , demonstrating you can remain up to date with West Bromwich Mortgage Company’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your firm’s panel standing.

COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, results in a PII saving.

Find a Law Firm approved by West Bromwich Mortgage Company

Mortgage companies frequently change their requirements. The BSA instructions from West Bromwich Mortgage Company 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 Mortgage Company has made 118 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 23.1 days. In total, 45% of the sections of the BSA Requirements for West Bromwich Mortgage Company have been changed since 26/1/2010.

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West Bromwich Mortgage Company Conveyancing Panel Recently Asked Questions from members of the public

My financial adviser has has requested my lawyer’ panel reference for the West Bromwich Mortgage Company conveyancing panel. Can you suggest how I find this out. I have contacted my local West Bromwich Mortgage Company branch but they cant find it on their system.
the sensible thing to do is ask for this information from your solicitor. They should have a central record lender panel numbers including the West Bromwich Mortgage Company panel reference.
We are approaching an exchange and my parents having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender West Bromwich Mortgage Company. I am advised that, being on the West Bromwich Mortgage Company conveyancing panel and acting on their behalf he must inform West Bromwich Mortgage Company if the balance of the mortgage advance is coming from anyone other than me. I advised the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for him to raise this?
Your lawyer is obliged to check with West Bromwich Mortgage Company to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to West Bromwich Mortgage Company if you agree, failing which, your lawyer must cease to continue acting.
I need to find a West Bromwich Mortgage Company panel solicitor in Stirling. Could you help me?
It is not clear why you need a West Bromwich Mortgage Company panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to West Bromwich Mortgage Company to find out which solicitors in West Bromwich Mortgage Company are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
I am mortgaging my house does my lawyer have to be on the West Bromwich Mortgage Company Solicitor panel?
In theory, you could use a solicitor that is not on West Bromwich Mortgage Company conveyancing panel, but West Bromwich Mortgage Company would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
Two weeks ago we had a mortgage agreed in principle with West Bromwich Mortgage Company. Solicitors have been appointed? What is the average time that one could expect to receive a mortgage offer from West Bromwich Mortgage Company?
Some lenders take longer than others. Have West Bromwich Mortgage Company completed the survey? Have you advised West Bromwich Mortgage Company as your lawyers details and checked that your lawyer is on the West Bromwich Mortgage Company conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
It is not clear whether my mortgage offer requires a lease extension . I have called West Bromwich Mortgage Company on numerous occasions and was told they are content with the situation and they would lend. My solicitor - who is on the West Bromwich Mortgage Company 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 West Bromwich Mortgage Company panel she or he must comply with the CML Handbook requirements for West Bromwich Mortgage Company. Unless your lawyer obtains specific confirmation in writing that West Bromwich Mortgage Company 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 West Bromwich Mortgage Company to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
I was told three weeks ago that my mortgage has been agreed to by West Bromwich Mortgage Company. Is it usual for West Bromwich Mortgage Company to only issue the offer once my solicitor is approved on their conveyancing panel?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for West Bromwich Mortgage Company to deal with your lawyers application to be on the West Bromwich Mortgage Company conveyancing panel. There's no guarantee that your solicitors will be accepted.