West Bromwich Mortgage Company Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers. COMPLETIONmonitor is a unique risk management 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 notifications given on West Bromwich Mortgage Company’s changes. Even though using COMPLETIONmonitor 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 a helpful support to your panel application and, just as importantly, protect your panel standing.

The software generates real-time alerts, automatically produces SRA and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to reduced PII premiums.

Find a Law Firm approved by West Bromwich Mortgage Company

Banks and building societies 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, over time:

A Timeline of Policy Changes


Since 2010, West Bromwich Mortgage Company has made 112 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 24.4 days. In total, 41% of the sections of the BSA Requirements for West Bromwich Mortgage Company have been changed since 26/1/2010.

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Recent Changes Include

# Date Assoc. Changes Related To
A.3 22/06/2015 BSA
General Mortgage Instructions
Contact details at West Bromwich Mortgage Company for conveyancing panel lawyers to if West Bromwich Mortgage Company will lend when borrower and mortgagor are not one and the same.
E.12 22/06/2015 BSA
Mortgage Advance Mechanics
Details as to how West Bromwich Mortgage Company pay the mortgage advance to conveyancing panel lawyers
A.3 24/02/2014 BSA
General Mortgage Instructions
Contact details at West Bromwich Mortgage Company for approved lawyers to if West Bromwich Mortgage Company will lend when borrower and mortgagor are not one and the same.
B.7 24/02/2014 BSA
General Mortgage Instructions
Can the panel conveyancing firm act for West Bromwich Mortgage Company if the person dealing with the conveyancing or a member of his immediate family is the seller?
C.2 24/02/2014 BSA
Mortage valuation
Do West Bromwich Mortgage Company arrange for there to be a valuation report and if so, do they provide it to their approved lawyers ?
C.21 24/02/2014 BSA
Easements
West Bromwich Mortgage Company requirements for approved lawyers for lack of enforcability of necessary easements
E.1 24/02/2014 BSA
General Mortgage Instructions
Contact details at West Bromwich Mortgage Company for approved lawyers to obtain mortgage documentation
C.27 19/06/2013 BSA
Building Insurance
West Bromwich Mortgage Company approved lawyers additional requirements concerning building insurance
C.12 03/12/2012 BSA
New Build Conveyancing
West Bromwich Mortgage Company approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
D.24 05/11/2012 BSA
Flying Freeholds and Freehold Flats
West Bromwich Mortgage Company approved lawyers clarification as to whether they lend on flying freeholds and freehold flats

Last update 21/03/2020

West Bromwich Mortgage Company Conveyancing Panel : Questions and Answers from members of the public

My financial adviser has asked me for my solicitor’s panel reference for the West Bromwich Mortgage Company conveyancing panel. How do I obtain this. I have e-mailed my local West Bromwich Mortgage Company office but they don't know it.
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.
Our lawyer has discovered a legal deficiency with the lease for the apartment we are buying. The seller’s lawyers have offered title insurance as a workaround. We are happy with insurance and will cover the costs. Our lawyer says that as he is on the West Bromwich Mortgage Company conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or West Bromwich Mortgage Company?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and West Bromwich Mortgage Company are the client. A precondition to being on the West Bromwich Mortgage Company approved panel is to comply with the CML Handbook requirements (last updated for this lender on West Bromwich Mortgage Company). The CML Handbook conditions require your lawyer to disclose issues such as defects will the lease so that West Bromwich Mortgage Company 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 Leeds on the West Bromwich Mortgage Company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for West Bromwich Mortgage Company ?
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..
My house is up for sale and I have a buyer. Does my solicitor have to be on the West Bromwich Mortgage Company conveyancing panel in order to deal with paying off 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.
Are all Conveyancing Quality Solicitors on the West Bromwich Mortgage Company conveyancing panel?
A selection of lenders now use CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
When it comes to mortgage companies such as West Bromwich Mortgage Company do solicitors have to be pay a fee to be on the conveyancing panel?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
The for formalities of my purchase has taken place with a mortgage from West Bromwich Mortgage Company. Conveyancing was satisfactory but I feel I should register my dissatisfaction about West Bromwich Mortgage Company. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the West Bromwich Mortgage Company branches or the Customer Care Department at West Bromwich Mortgage Company head office. We understand that complaints to West Bromwich Mortgage Company are resolved very quickly. If you feel that the matter is not resolved you can write to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.