Looking for information about your firm's panel status?
Nottingham Building Society Conveyancing Panel Assistance:
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.
- Whether the firm has ever applied for accreditation and the outcome of the application
- Full complaints history for each conveyancing solicitor
- Structure of firm and, where applicable, its group
- Full disciplinary history for each conveyancing solicitor
- List of all those who fund the firm, including non-lawyers if applicable
- List of all those staff who work within the conveyancing team
- Full complaints history for each licensed conveyancer
- Whether any lender has ever made a claim against the firm’s PII cover
- Firm name, address and contact details including all branches (including evidence of existence through risk-based physical visits and Google Streetview checks)
Check with your Compliance Officer, but a firm should not send the complete conveyancing file without the borrower client’s express consent – and if he is in arrears with the lender he is hardly likely to agree. However, if the lender can establish a prima facie case of fraud, then you may be under an obligation to disclose the whole file.
The emerging convention is that lenders are including an authority to disclose in loan application forms to counter this problem. Mortgage Express v Sawali, 2010 EWHC 3054 (Ch) indicates that such provisions valid? Please click here for more information about that case.
Find a Lawyer on the Nottingham Building Society Approved Conveyancing Solicitors Panel
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2025 | [no data] |
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2020 | [no data] |
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