Harpenden Building Society Conveyancing Panel Information

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

Harpenden Building Society Conveyancing Panel: Recently Asked Questions

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Are the Council of Licensed Conveyancers taking any action to protect licensed conveyancers from being removed from lender panels?
The Council of Licensed Conveyancers has begun 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 via ad hoc arrangements that can differ from lender to lender. We expect that that the CLC have been in touch with lenders such as Harpenden Building Society since 2008 which is when lenders started being more restrictive.
Who do building societies accept on their Conveyancing Panels?
In the same way that there is a unique Harpenden 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.
Are there any specific Harpenden Building Society conveyancing panel obligations in connection with Transfer of Equity Conveyancing?
Harpenden Building Society approved panel lawyers have to comply with the Part II instructions relating to Transfer of Equity. These are set out in Section 16.3. First, your firm must approve the form of Transfer of Equity (which should be in the Land Registry's standard form) and, if Harpenden Building Society require, the deed of covenant on their behalf. You will need to check Harpenden Building Society CML Part 2 conditions to see if Harpenden Building Society have standard forms of transfer and deed of covenant. Please note that this requirement can change from one transaction to another so do check! Second,When drafting or approving a transfer, you should bear in mind that: although the transfer should state that it is subject to the mortgage (identified by date and parties), it need give no details of the terms of the mortgage; the transfer need not state the amount of the mortgage debt. If it does, the figure should include both principal and interest at the date of completion, which you must check ; there should be no statement that all interest has been paid to date. Further obligations are set out in the UK Finance Lenders’ Handbook which have to be followed by all firms on the Harpenden Building Society conveyancing panel
Do publish figures exists disclosing the Harpenden Building Society conveyancing panel size as well as the number of conveyancing firms removed from their panel each year?
With mortgage companies 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 Harpenden Building Society conveyancing panel but for all lender panels
We had our Harpenden Building Society panel membership terminated but we have not yet been given an explanation yet. I am completing a CQS application questionnaire what information do I need to report?
In this situation please clarify on the application what action you have taken to discover the reasons behind cancellation of your Harpenden Building Society panel status. In particular please provide details if you have received communications from the lender. E.G. before revocation of your panel membership did you receive any letters or calls from the lender informing you as to why they reached this decision?
My firm is listed on the Harpenden Building Society conveyancing panel and all set to complete a remortgage shortly. My file does not contain a Legal Charge for the client to sign. Who do I contact at Harpenden Building Society to request substitute deeds?
You should get in touch with Harpenden Building Society to obtain standard documents. The The Council of Mortgage Lenders Handbook has an express question for lenders to reveal who to contact to obtain standard documents. Harpenden Building Society in their Part 2’s state:
Please remember to quote your Harpenden Building Society conveyancing panel reference.

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Average number of days to register title including a charge in favour of Harpenden Building Society
This information relates to purchase only and not remortgages.
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2024 [no data]
2023 [no data]
2022 [no data]
2021 [no data]
2020 [no data]
2019 [no data]
* Data aggregated from sources including COMPLETIONmonitor