Monmouthshire Building Society Conveyancing Panel Information

The Council of Mortgage Lenders is not a regulator and therefore cannot investigate complaints against lenders. You can of course contact Lexsure to see if we can assist.

We are not aware of any intention on the part of the CML to develop such a search facility.

As is the case with the Law Society the Council of Licensed Conveyancers has entered discussions 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 Monmouthshire Building Society in recent years.

For most lenders participation on the lender's panel of conveyancers is at the absolute discretion of the the lender. Many lenders reserve the right to accept or reject any application without giving any reason. You should check your original application to join the Monmouthshire Building Society conveyancing panel to see if you are entitled to a reason.

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 Monmouthshire Building Society solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You need to contact Monmouthshire Building Society to obtain standard documents. The The Council of Mortgage Lenders Handbook contains a specific section for banks to establish who to contact to obtain standard documents. Monmouthshire Building Society in their Part 2’s state: It helps to disclose your Monmouthshire Building Society solicitors panel number.