Looking for information about your firm's panel status?
Marsden Building Society Solicitor Panel Assistance:
What are the Marsden 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.
The Special Requirements state:
The Society uses Legal Marketing Services Ltd (LMS) for its panel arrangements who will require the following information:
1) Up to date practising certificate
2) Copy of professional indemnity insurance
3) Confirmation that you have adequate fire storage facilities
4) Confirmation that you are already a panel member of at least 6 recognised lenders
Please contact the Society through the LMS SecureLink portal on the Conveyancer Zone. Alternatively you can contact the Lending Services Department by telephoning 01282 440500 or emailing completions-post@themarsden.co.uk
You must also comply with the terms and conditions of your Marsden Building Society solicitor panel appointment.
my firm is on the Marsden Building Society conveyancing panel. Can I get an archived copy of Marsden 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 recommend you make a request of Marsden Building Society direct.
As a lawyer on the Marsden Building Society solicitor panel who do I communicate with if I have a query about the BSA Specific Requirements ?
If you are a conveyancer and have a question relating to the mortgage instructions,
you should make contact with Marsden Building Society. The BSA will not advise or comment on specific queries relating to Marsden Building Society or other lenders.
Being on the Marsden Building Society conveyancing panel how long am I obliged to retain the original conveyancing file?
The BSA Mortgage Instructions state that the firm must keep the file for at least 6 years from the date of the mortgage. Data imaging is normally suitable
compliance with this requirement. As a firm on the Marsden Building Society conveyancing panel you must allow Marsden Building Society to conduct such reasonable audit of your
information security measures as Marsden Building Society or their
agents may to ensure your compliance with your file retention
obligations.
Are there conditions,outside the BSA Mortgage Instructions, that a firm should be aware of when on the Marsden Building Society conveyancing panel?
In order to be on the Marsden Building Society conveyancing panel solicitors have to complete an application form and agree Terms and Conditions. A sample of 5 conditions that we see amongst many lenders Terms (but not necessarily Marsden Building Society) are as follows:
- To quote on all communications with us relating to deeds issues, whether by telephone or in writing, the panel number that we provide for each practising address and the mortgage account or application number for the mortgage concerned.
- To notify us in writing of any change in your details as held on our records for example, change of address, telephone number, document exchange number email address. Notification must be given to us at least 10 days before the change will be effective.
- To be responsible for the reconstitution of the title deeds (whether the title is registered or unregistered, at your own cost), where any deeds in your possession, or were last known to be in your possession, go missing.
- To forward the title deeds and documents to another solicitor within 24 hours of an instruction from us requiring you to do so. On forwarding the deeds as instructed you will confirm to us that you have done so. Upon receipt of your confirmation, we will release you from all undertakings relating to your holding the title deeds.
- To carry out our instructions with reasonable care and skill, ensuring that all employees carrying out mortgage work on our behalf are qualified and competent to do so
St Giles’ PII renewal form questions if my practice had been removed off any mortgage panels in the last year . I just found out that the practice is no longer on the Marsden Building Society solicitor panel? Is this likely to impact my insurance?
Your insurance brokers are your best port of call to address this question.
The chances are that on the basis that you have not been removed for fraud or negligence reasons that there will be little or no impact. The main reason why a firm would be removed off of a lender panel is due to low volume of conveyancing cases although there may be a number of criteria for Marsden Building Society solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.
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:
Were are a Hendon-based firm on the Marsden Building Society conveyancing panel. Do you have ideas as to how we can market our practice as specialists in conveyancing in Hendon who can act for the borrower and Marsden Building Society?
11 potential conveyancing clients attempt to locate a conveyancer on the Marsden Building Society panel each month in Hendon. Please contact the team at lenderpanel.com to see how your firm can be listed by those searching for conveyancing in Hendon.
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Average number of days to register title including a charge in favour of Marsden Building Society
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
| 2020 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
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