West Bromwich Mortgage Company 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 professional indemnity insures. COMPLETIONmonitor is a unique risk mitigation tool.

This system facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on West Bromwich Mortgage Company’s changes. Notwithstanding that using this technology is not a prerequisite for West Bromwich Mortgage Company , demonstrating you can stay up to date with West Bromwich Mortgage Company’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your panel status.

COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will improve 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

Mortgage companies 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, over time:

A Timeline of Policy Changes


Since 2010, West Bromwich Mortgage Company has made 111 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 24.6 days. In total, 41% of the sections of the BSA Requirements for West Bromwich Mortgage Company 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
E.12 21/03/2016 BSA
E.33 22/06/2015 BSA
B.22 07/10/2014 BSA
B.7 24/02/2014 BSA
C.27 24/02/2014 BSA
E.1 24/02/2014 BSA
D.24 05/11/2012 BSA
C.10 01/08/2011 BSA
C.20 01/08/2011 BSA
A.12 01/08/2011 BSA

Last update 09/09/2019

West Bromwich Mortgage Company Conveyancing Panel Example Support Desk Enquires from members of the public

How easy is it to change a solicitor as I need to find one who is on the West Bromwich Mortgage Company conveyancing panel. Is it practical to instruct different lawyers?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
My fiance and I are refinancing our penthouse with West Bromwich Mortgage Company. We have a son 18 who lives with us. The solicitor on the West Bromwich Mortgage Company conveyancing panel has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the property is forfeited by the lender. I have a couple of concerns (1) Is this form unique to the West Bromwich Mortgage Company conveyancing panel as he never had to sign this form when we bought 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to West Bromwich Mortgage Company .This is solely used to protect the West Bromwich Mortgage Company if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.

It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of West Bromwich Mortgage Company had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

What tools are available to find a local solicitor on the West Bromwich Mortgage Company conveyancing panel? I have a car and am prepared to travel up to 20 miles to meet the conveyancer.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the West Bromwich Mortgage Company solicitor panel.
I am selling my house. Does my solicitor have to be on the West Bromwich Mortgage Company conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the West Bromwich Mortgage Company conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
My fiance and I are in the process of viewing houses and am about to put in an offer. Is it best to have a conveyancer on ‘stand by’? I intend to finance via a mortgage with West Bromwich Mortgage Company
It would be sensible to have your start your search soon rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with West Bromwich Mortgage Company , ask your prospective lawyers check they are on the West Bromwich Mortgage Company conveyancing panel otherwise they can't do the mortgage legal work.
I am currently in the process of buying my council flat. I have a mortgage offer with West Bromwich Mortgage Company. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with West Bromwich Mortgage Company you will need to appoint a solicitor on the West Bromwich Mortgage Company conveyancing panel.
At last I have had an offer on an apartment accepted, the seller does however have a dependent purchase. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties in the pipeline. My conveyancing solicitor has been instructed. What should be my next step? When should I get the mortgage app going with West Bromwich Mortgage Company?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the West Bromwich Mortgage Company conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with West Bromwich Mortgage Company and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.