Looking for information about your firm's panel status?
Darlington Building Society Conveyancing Panel: Recently Asked Questions
Can a firm make a complaint to the Council of Mortgage Lenders about being excluded from the Darlington Building Society conveyancing panel?
The CML is not a regulator and therefore will not advise on grievances against lenders. You can of course contact Lexsure to see if we can assist.
Do you have any idea what Lenders such as
Darlington Building Society are asking for when it comes to applying to be on their approved solicitor list?
Although not necessarily published, lenders have varying criteria .
We do not hold specific requirements relating to the questions raised as part of the application to be on the
Darlington Building Society conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):
List of fee-earners who are foreign qualified
List of all those who can sign off the Certificate Of Title
Whether the firm is able to operate in other jurisdictions
Firm name, address and contact details including all branches (including evidence of existence through risk-based physical visits and Google Streetview checks)
List of all those who fund the firm, including non-lawyers if applicable
Structure of firm and, where applicable, its group
Full career history for each licensed conveyancer including registration date with Council of Licensed Conveyancers
List of all Licensed Conveyancers within firm
Charge registration history
Full complaints history for each licensed conveyancer
What type of firms do building societies allow to be on their Conveyancing Panels?
In the same way that there is a unique Darlington Building Society
conveyancing panel most building societies, operate a conveyancing
panel for solicitors and other conveyancers that the lender will
instruct. Terms and Conditions and criteria for inclusion on a
building society conveyancing panel vary from lender-to-lender. Having
CQS accreditation may be a requirement. Institutional lenders, such
as a building society, is a client and is entitled to instruct the
solicitor or conveyancer of its choosing (who, in turn, is free to
accept or refuse instructions). Therefore, if lender and borrower
cannot agree which solicitor or conveyancer should represent them
jointly, they would usually proceed on a separate representation
basis. The BSA have not published the equivalent of the UK Finance Lenders’ Handbook
Part 3s.
My conveyancing assistant has resigned on short notice.
I urgently need to prioritise making sure that charges are registered. That said, how quickly do I need to send deeds to
Darlington Building Society once the charge is registered before my firm runs the risk of being suspended off the conveyancing panel for Darlington Building Society?
Darlington Building Society will likely expect the deeds to be sent to them within 10 days of you receiving the TID (unless their specific P2 requirements specifically state that they you are not to send them anything). Most COTs refer to complying with the Certificate of Title referred to in IB (3.7) of the SRA Code of Conduct 2011, published by the Law Society which states that you ‘will despatch to you such deeds and documents relating to the Property as you require with a list of them in the form prescribed by you within ten working days of receipt by us of the title information document from the Land Registry’ As to whether the lender will suspend your panel status this very much varies according to the lender’s own internal policies The more cases you have the more risk you face. Some lenders may take action if there records show that the deeds are outstanding for more than 3 matters. The fact is that if you keep within the time frame then you will have more chance of remaining on the
Darlington Building Society conveyancing panel.
Are figures published revealing the
Darlington Building Society conveyancing panel size and the number of conveyancing firms removed from their panel each quarter?
With mortgage companies and solicitors 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
Darlington Building Society conveyancing panel but for all lender panels
If my application is successful will CQS acceptance guarantee my firm’s acceptance on to lenders conveyancing panels?
CQS accreditation gives no guarantee to lender panel acceptance. Nevertheless the CML have indicated that it is likely to become a prerequisite for firms wishing to remain on their approved list of conveyancing solicitors. Some Lenders now use the Conveyancing Quality Scheme accreditation as the starting point for Panel acceptance such as Astra Mortgages.
My firm is listed on the
Darlington Building Society
conveyancing panel and due to complete a remortgage within the next few weeks. My papers do not include a Legal Charge for the client to sign.
Who do I contact at Darlington Building Society to get a duplicate Deed?
You would be advised to contact Darlington Building Society
to obtain standard documents. The CML Handbook contains an express section for lenders to set out who to contact to obtain standard documents.
Darlington Building Society in their Part 2’s state:
Don’t forget to disclose your Darlington Building Society conveyancing panel reference.
Find a Lawyer on the Darlington Building Society Solicitor Panel
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Average number of days to register title including a charge in favour of Darlington Building Society
This information relates to purchase only and not remortgages.
Year | Days* |
---|---|
2024 | [no data] |
2023 | [no data] |
2022 | [no data] |
2021 | [no data] |
2020 | [no data] |
2019 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Darlington Building Society Firms
- Draft Report on Title precedent for Darlington Building Society borrowers
- Draft Anti Money Laundering PolicyTemplate for Darlington Building Society panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Darlington Building Society lender panel
- Buy-to-Let help for Darlington Building Society
- Consent-to-Let help for Darlington Building Society
- Contractor Mortgages with Darlington Building Society