Chesham Building Society Conveyancing Panel Information

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by Chesham Building Society and to assist in remaining on the Chesham Building Society Conveyancing Panel.

Chesham Building Society Solicitor Panel Assistance:

What are the Chesham Building Society 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.

You must also comply with the terms and conditions of your Chesham Building Society solicitor panel appointment.

I am on the Chesham Building Society conveyancing panel. Can I get an archived copy of Chesham Building Society Specific Requirements from the BSA?
The BSA, as is the case with the CML do not keep copies of Specific Requirements. We would advise that you contact Chesham Building Society direct.
What obligations do I have, being on the Chesham Building Society conveyancing panel, to carry out an Lender Policy search?
Chesham Building Society make no specific obligation to carry out any of the searches listed. The BSA Mortgage Instructions simply states that ‘you must ensure that any other searches which may be appropriate to the particular property, taking into account its locality and other features are carried out’.

Remember that most ‘less usual searches’ (as described in the Law Society’s Conveyancing Handbook) are not optional as far as Chesham Building Society are concerned if they are ‘appropriate’. Most lenders will not require environmental searches (you should Check the Chesham Building Society Specific Requirements of BSA Handbook to be sure), but you are obliged to explain risks and availability to the borrower.

Ground stability, Plansearch,flood searches as well as the searches listed in the question are optional – but only to the extent that you have allowed the borrower client to make an informed choice. Regardless of whether there is a mortgage, If you have not advised the client that these (and other) searches are available and what risks they cover, then you will be liable if the client suffers loss through not conducting one.

Being on the Chesham Building Society conveyancing panel how long am I obliged to keep hold of the original conveyancing file?
The BSA Mortgage Instructions state that the firm must keep the file for a minimum six years from the date of the mortgage. Data imaging is normally suitable compliance with this requirement. As a firm on the Chesham Building Society conveyancing panel you must allow Chesham Building Society to conduct such reasonable audit of your information security measures as Chesham Building Society or their agents may to ensure your compliance with your file retention obligations.
Why has the BSA introduced differing instructions from the CML?
The Building Society Association introduced it’s Mortgage Instructions in 2010 to ensure that licensed conveyancers or solicitors on a building society conveyancing panel had full access to a complete set of standardised mortgage instructions.
Do publish figures exists revealing the Chesham Building Society conveyancing panel size and the number of conveyancing firms dismissed each year?
With lenders and solicitors working so closely with one another 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 Chesham Building Society conveyancing panel but for all mortgage panels
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:

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Average number of days to register title including a charge in favour of Chesham Building Society
This information relates to purchase only and not remortgages.
YearDays*
2025 [no data]
2024 [no data]
2023 [no data]
2022 [no data]
2021 [no data]
2020 [no data]
* Data aggregated from sources including COMPLETIONmonitor