Nottingham Building Society Conveyancing Panel Information

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

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Nottingham Building Society Conveyancing Panel Assistance:

What are the Nottingham 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:

Minimum of 2 principle partners, minimum 3 year trading history, £2m liability insurance or £3m for LLP’s, practising certificates required and Sole practitioners not acceptable. Contact Lending services

You must also comply with the terms and conditions of your Nottingham Building Society solicitor panel appointment.

I am hearing that agents are using online checkers to see if a firm is on a lender panel. Why?

Many estate agents are feeling the pain if their clients start out on the buying process having appointed a solicitor who is not on the panel with the purchaser’s chosen lender. Many conveyancing firms are only discovering when they begin working on a case that they are no longer able to work with that lender. Given the inevitable resultant delays in the transaction the chances of an abortive deal increases dramatically. in the circumstances there is understandable anguish on the part of the estate agent as a result of the lost time should the client have to change solicitors lawyers.

A long standing client of my firm is buying a new build house for £607,500 in Mill Hill with a mortgage over GBP 525k. I am on the Nottingham Building Society conveyancing panel but do Nottingham Building Society have a separate approved panel when the advance is above 300,000?

Lexsure only know of two or three lenders that operate a distinct conveyancing panel where the mortgage advance is over a certain level. You should nevertheless check directly with Nottingham Building Society. At one stage HSBC would only allow Sole practitioners to act for them where the mortgage was below £150,000. We are not sure if HSBC still operate such a condition. In your case it is best to check with Nottingham Building Society

A recent SRA survey reveals that three quarters of solicitors have been removed or threatened with removal from a lender conveyancing panel. Nottingham Building Society and other building societies have restricted their panel over the years. Why?

The feeling from lenders generally (we can not speak for Nottingham Building Society specifically), is that for too long solicitors have concentrated on their duty of care to their purchasing client, and have paid scant attention to the duty they owe to the lender, whom they conveniently forget is also their client.

Looking from the lenders’ perspective, it has to be said that there are pressures to encourage smaller panels. The Financial Services Authority regards the open panel system as a major contributor to mortgage fraud and negligence cases, and has been leaning on lenders to move to proactive panel management, which is more expensive the larger the panel. Hence it is becoming more common for lenders to charge fees, and/or require extensive form-filling, from would-be panel members

Nottingham Building Society and other BSA lenders are in varying stages of reviewing their approach to vetting firms on their conveyancing panels, to ensure their ongoing exposure to unsuitable firms is reduced.

I noticed the following question on my PI renewal form this year ‘Has your Firm been asked by a lender to agree to more onerous terms and conditions than provided for in the BSA Mortgage Instructions?’ My firm is on numerous bank panels including the Nottingham Building Society conveyancing panel. We have Terms and Conditions of appointment which we are duty bound to comply with. Am I supposed to mention these Terms?

The concern here is if you are expect to enter into ‘more onerous’ conditions that than the Handbook obligations.

You have to try and take an objective view as to whether the Terms relating to the Nottingham Building Society conveyancing appointment (or other terms for other lenders) are ‘more onerous’ than the BSA Mortgage Instructions. Depending on the Terms you may need to provide details on your renewal form. If you are in any doubt please call your broker to discuss before completing the answer.

St Giles’ PI Insurance renewal form enquires if my firm had been removed off any lender panels in the last 12 months . I recently discovered that the firm is no longer on the Nottingham Building Society solicitor panel? Will that impact my PII premium?

The best placed professionals to answer this question are your insurance brokers. 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 Nottingham Building Society solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

Can the BSA assist me in an appeal having not been accepted onto the Nottingham Building Society conveyancing panel?

If you have not been accepted or indeed been removed from the Nottingham Building Society conveyancing panel then the BSA will not have any part to play in influencing Nottingham Building Society in changing their mind. Please contact us here at Lexsure so that we can put you in touch with a consultant who may be able to assist. At the very least it’s worth a call to us.

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:

Find a Lawyer on the Nottingham Building Society Approved Conveyancing Solicitors Panel

Average number of days to register title including a charge in favour of Nottingham Building Society

This information relates to purchase only and not remortgages.

Year	Days*
2026	[no data]
2025	[no data]
2024	[no data]
2023	[no data]
2022	[no data]
2021	[no data]

* Data aggregated from sources including COMPLETIONmonitor

Find solicitors on the Nottingham Building Society panel near you:

Please note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors