National Westminster Bank Conveyancing Panel Information

National Westminster Bank’s answer to this question can be found at section 6.4.4 of their CML Part 2 requirements

The CML do not keep data sets of P2 conditions Pre January 2011. The CML recommend you contact National Westminster Bank directly.

During 2013, 167 sections of the UK Finance Lenders’ Handbook P2 were changed by National Westminster Bank. Some changes are more important than others but as a firm on the National Westminster Bank conveyancing panel you are of course obliged to comply with individual lender requirements, as set out in Part II of the UK Finance Lenders’ Handbook. Locktons have recently pointed out in an article that non-compliance with Part 2 requirements account for a number of high value claims, and it is therefore important to be aware of any particularly onerous terms that an individual lender may impose.

Remember: CML requirements are not guidelines; they are the lender client’s instructions.

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 National Westminster Bank conveyancing panel to see if you are entitled to a reason.

CQS accreditation is no guarantee to lender panel acceptance. Nevertheless the Council of Mortgage Lenders have indicated that it is likely to become a prerequisite for firms wishing to join their panels. Some mortgage companies now use the scheme as the starting point for Panel membership such as Santander.

You would be advised to communicate with National Westminster Bank to obtain standard documents. The The Council of Mortgage Lenders Handbook has an express section for banks to enumerate who to contact to obtain standard documents. National Westminster Bank in their Part 2’s state: It helps to quote the firm’s National Westminster Bank conveyancing panel reference.