Stafford Railway Building Society Conveyancing Panel Information

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

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Stafford Railway Building Society Conveyancing Panel Assistance:

What are the Stafford Railway Building Society conveyancing panel criteria?

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.

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

Do Stafford Railway Building Society or the Building Society Association run CPD Courses for the Stafford Railway Building Society approved conveyancing panel in much the same way that the Law Society run cases for CQS accedited practices?

This not something that the BSA would traditionally get involved with however they do host a number of general conveyancing related conferences which are attended by firms on the Stafford Railway Building Society conveyancing panel. Lexsure intend to run specific lender focused seminars in the near future including a webinar on Stafford Railway Building Society’s requirements . Solicitors on the Stafford Railway Building Society conveyancing panel are welcome . Information about the webinar will be made available as part of the LENDERmonitor Alerts .

Are the BSA planning on creating a online directory to to identify solicitors on the Stafford Railway Building Society conveyancing panel ?

We would not expect to be advised of any plans on the part of the BSA to promote such a tool .

Am I obliged, being on the Stafford Railway Building Society conveyancing panel, to carry out a flood search?

Stafford Railway Building Society make no specific obligation to carry out any of the searches listed. The BSA Mortgage Instructions simply states that ‘you must ensure that any other searches which may be appropriate to the particular property, taking into account its locality and other features are carried out’.

Remember that most ‘less usual searches’ (as described in the Law Society’s Conveyancing Handbook) are not optional as far as Stafford Railway Building Society are concerned if they are ‘appropriate’. Most lenders will not require environmental searches (you should Check the Stafford Railway Building Society Specific Requirements of BSA Handbook to be sure), but you are obliged to explain risks and availability to the borrower.

Ground stability, Plansearch,flood searches as well as the searches listed in the question are optional – but only to the extent that you have allowed the borrower client to make an informed choice. Regardless of whether there is a mortgage, If you have not advised the client that these (and other) searches are available and what risks they cover, then you will be liable if the client suffers loss through not conducting one.

An established client of mine is looking to acquire a semi detached house for £825k in Newcastle with a mortgage over GBP 440,000. I am on the Stafford Railway Building Society conveyancing panel but do Stafford Railway Building Society have a separate approved panel when a mortgage is above 350k?

We only know of two or three banks that operate a distinct conveyancing panel where the mortgage advance is over a certain amount. You should nevertheless check directly with Stafford Railway 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 Stafford Railway Building Society

My firm is on the Stafford Railway Building Society conveyancing panel. I am dealing with Stafford Railway Building Society mortgage on a purchase. My borrower client is asking not to disclose an issue to Stafford Railway Building Society. What do I do in this conflict situation?

When a solicitor is acting for both Stafford Railway Building Society and borrower there is potential for conflicts to arise. You owe duties to both clients. All information received by you from your client is confidential and cannot be disclosed without the client’s consent.

In your situation, if the purchaser will not consent to the information being passed on to the lender, the solicitor must cease to act for Stafford Railway Building Society and it may well be prudent for you to cease to act for the purchaser as well. You must not inform Stafford Railway Building Society of the reason for termination of the retainer over and above the fact that a conflict has arisen. The fact that you can no longer act should alert even the most somnambulistic of lenders that something is wrong with the borrower and/or purchase. The fact that you have disinstructed yourself should not affect your Stafford Railway Building Society conveyancing panel status.

Can the BSA help me join the Stafford Railway Building Society conveyancing panel?

The BSA has no role in influencing what conveyancers Stafford Railway Building Society instructs. If you want to be admitted onto Stafford Railway Building Society conveyancing panel you should contact Stafford Railway Building Society directly.

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 Stafford Railway Building Society Approved Conveyancing Solicitors Panel

Average number of days to register title including a charge in favour of Stafford Railway 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

Find solicitors on the Stafford Railway Building Society panel near you:

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