West Bromwich Mortgage Company Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers. It is a unique risk management tool.

This software facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on West Bromwich Mortgage Company’s changes. Notwithstanding that using this technology is not a condition for being on the West Bromwich Mortgage Company panel, demonstrating you can stay up to date with West Bromwich Mortgage Company’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your panel standing.

COMPLETIONmonitor generates 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 many firms, leads to reduced PII premiums.

Find a Law Firm approved by West Bromwich Mortgage Company

Banks and building societies frequently vary 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 115 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 23.7 days. In total, 43% of the sections of the BSA Requirements for West Bromwich Mortgage Company have been changed since 26/1/2010.

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Examples of recent questions relating to the West Bromwich Mortgage Company Conveyancing Panel from members of the public

I am getting a offer of a mortgage from West Bromwich Mortgage Company. I intend to enlist the help of a Licensed Conveyancer. Does the West Bromwich Mortgage Company Solicitor panel allow for conveyancers regulated by the CLC
West Bromwich Mortgage Company’s conveyancing panel is, like many other lenders associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company West Bromwich Mortgage Company will not agree to this. Why was West Bromwich Mortgage Company even consulted?
Your lawyer being on the West Bromwich Mortgage Company conveyancing panel is duty bound to inform West Bromwich Mortgage Company of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to West Bromwich Mortgage Company then they would have to discontinue acting for you and West Bromwich Mortgage Company.
I require the services of a West Bromwich Mortgage Company panel solicitor in Inverness. Could you help me?
Unfortunately it’s not apparent 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. At a fee of one pound per month it is not expensive to register on the site
My uncle passed away last year and as sole heir and executor was left the house. The house had a relatively small loan left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to West Bromwich Mortgage Company , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then West Bromwich Mortgage Company will insist on your using a conveyancer on the West Bromwich Mortgage Company conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your West Bromwich Mortgage Company conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the West Bromwich Mortgage Company mortgage is registered as a charge at the Land Registry.
How can we tell if a solicitor on the West Bromwich Mortgage Company panel is any good?
Getting recommendations is a sensible starting point. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor carrying out your transaction
I have instructed a lawyer having checked that they are on the West Bromwich Mortgage Company conveyancing panel. Does my lawyer arrange the survey of the property? Or I've digested plenty 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 Mortgage Company conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
West Bromwich Mortgage Company will need an independent valuation of the property. Your lawyer will not arrange this. Usually West Bromwich Mortgage Company 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 Mortgage Company you could contact your them to see if they have a list of approved surveyors.
West Bromwich Mortgage Company 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 Mortgage Company or your broker and complete any relevant paperwork. West Bromwich Mortgage Company will tell you what documents they want. West Bromwich Mortgage Company 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 Mortgage Company 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.