Looking for information about your firm's panel status?
Astra Mortgages Conveyancing Panel Information:
What are the Astra Mortgages conveyancing panel arrangements?
Unlike the CML the Building Society Mortgage Instructions deal with this. Section A.12 states ‘In order to act on our behalf your firm or company must be a member of our conveyancing panel provided we are a society that operates one – see specific requirements for details of our arrangements.
The Special Requirements state:
To be a member of our conveyancing panel you must be CQS accredited, must have submitted an application form, be registered on www.lawsociety.org, produced your current Practising Certificate together with evidence of professional indemnity insurance cover for a minimum of £2m (£3m if the firm is a Limited Liability Partnership or a company). Any panel application is subject to individual assessment and approval.
You must also comply with the terms and conditions of your Astra Mortgages solicitor panel appointment.
Do Astra Mortgages or the Building Society Association run professional training seminars for the Astra Mortgages approved solicitor panel akin to the way that CQS do?
This not something that the BSA would traditionally get involved with although they do host numerous general conveyancing related conferences which are attended by firms on the Astra Mortgages conveyancing panel. It is our intention to run specific lender focused seminars in the near future including a webinar on Astra Mortgages’s requirements . Solicitors on the Astra Mortgages conveyancing panel are welcome . Further details will be made available as part of the LENDERmonitor change Notifications .
Are the Council of Licensed Conveyancers taking any action to protect licensed conveyancers from being removed from lender panels?
As is the case with the Law Society the CLC has entered dialogue with banks and their representative bodies to see whether and how the risks that lenders wish to mitigate could be addressed through the regulatory framework rather than ad hoc arrangements that can differ from lender to lender. It is likely that that the CLC have been in touch with lenders such as Astra Mortgages as well as the CML
I have been a qualified solicitor for over 25 years without a single claim against me and have been refused acceptance on the Astra Mortgages conveyancing panel with no explanation. Am I not entitled to a reason?
Participation on the lender's panel of conveyancers is at the absolute
discretion of the the lender. The days of open panels are now long
gone. Many lenders reserve the right to accept or reject any
application without giving any reason. You should check your original
application to join the Astra Mortgages conveyancing panel
to see if you are entitled to a reason.
Do publish figures exists disclosing the Astra Mortgages conveyancing panel size and the number of conveyancing firms removed from their panel each year?
With mortgage companies and conveyancing firms working so closely together it is surprising that there has not been greater demand for the introduction of a bit of transparency regarding not just the figures for the Astra Mortgages conveyancing panel but for all lender panel listings
Can the BSA assist me in an appeal having not been accepted onto the Astra Mortgages conveyancing panel?
If you have not been accepted or indeed been removed from the Astra Mortgages conveyancing panel then the BSA will not have any part to play in influencing Astra Mortgages in changing their mind. Please contact us here at Lexsure so that we can put you in touch with a consultant who may be able to assist. At the very least it’s worth a call to us.
What lender panels do you receive the most questions about?
BSA lenders do not come within the top 20 lenders in terms of
frequency of questions. The most popular lender panels in terms of
questions are as follows:
Find a Lawyer on the Astra Mortgages Conveyancing Panel
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Average number of days to register title including a charge in favour of Astra Mortgages
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2026 | [no data] |
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Astra Mortgages Firms
- Draft Report on Title precedent for Astra Mortgages borrowers
- Draft Anti Money Laundering PolicyTemplate for Astra Mortgages panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Astra Mortgages lender panel
- Buy-to-Let help for Astra Mortgages
- Consent-to-Let help for Astra Mortgages
- Contractor Mortgages with Astra Mortgages
