Looking for information about your firm's panel status?
Swansea Building Society Solicitor Panel: Recently Asked Questions
I recently attended a seminar arranged via my PI broker where it was mentioned that solicitors are being sued for non-compliance with CML PII obligations . I am on the
Swansea Building Society conveyancing panel can you tell me how Part 2 changes took place by
Swansea Building Society during 2013?
During 2013, 22 sections of the UK Finance Lenders’ Handbook P2 were changed by
Swansea Building Society. Some changes are more important than others but as a firm on the
Swansea Building Society 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.
My conveyancing assistant has left my firm on short notice.
I urgently need to prioritise making sure that charges are registered. That said, how quickly do I need to send deeds to
Swansea Building Society once the charge is registered before my firm runs the risk of being suspended off the conveyancing panel for Swansea Building Society?
Swansea Building Society will likely expect the deeds to be sent to them within 10 days of you receiving the TID (unless their specific P2 requirements specifically state that they you are not to send them anything). Most COTs refer to complying with the Certificate of Title referred to in IB (3.7) of the SRA Code of Conduct 2011, published by the Law Society which states that you ‘will despatch to you such deeds and documents relating to the Property as you require with a list of them in the form prescribed by you within ten working days of receipt by us of the title information document from the Land Registry’ As to whether the lender will suspend your panel status this very much varies according to the lender’s own internal policies The more cases you have the more risk you face. Some lenders may take action if there records show that the deeds are outstanding for more than 3 matters. The fact is that if you keep within the time frame then you will have more chance of remaining on the
Swansea Building Society conveyancing panel.
Are figures published revealing the
Swansea Building Society conveyancing panel size as well as the number of conveyancing firms removed from their panel each year?
With banks and solicitors working so closely together it is surprising that there has not been much call for the introduction of a bit of transparency regarding not just the figures for the
Swansea Building Society conveyancing panel but for all lender panel listings
Were are a Hendon-based firm on the Swansea Building Society conveyancing panel. How can we advertise our firm as carrying out conveyancing in Hendon on the Swansea Building Society panel?
8 consumers search for a property lawyer on the Swansea Building Society panel every 4 weeks in Hendon. Please contact the team at lenderpanel.com to see how your firm can be listed by those searching for conveyancing in Hendon.
Prime Professional’s PII renewal form questions if my practice had been removed off any bank panels in the last 12 months.
I recently became aware that the firm is no longer on the
Swansea Building Society conveyancing panel? Is this likely to impact my insurance?
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 Swansea Building Society solicitor panel
membership. Please remember that it is always important that you
complete your insurance forms accurately.
My firm is listed on the
Swansea Building Society
conveyancing panel and all set to complete a remortgage within the next few weeks. I dont have a Mortgage Deed for the client to execute.
Who do I contact at Swansea Building Society to get a duplicate Deed?
You would be advised to communicate with Swansea Building Society
to obtain standard documents. The The Council of Mortgage Lenders Handbook contains an express question for lenders to enumerate who to contact to obtain standard documents.
Swansea Building Society in their Part 2’s state:
Always remember to quote the firm’s Swansea Building Society conveyancing panel reference.
Find a Lawyer on the Swansea Building Society Solicitor Panel
powered by LenderPanel
Average number of days to register title including a charge in favour of Swansea 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
Other related topics:
- CQS policy templates and procedures for accredited Swansea Building Society Firms
- Draft Report on Title precedent for Swansea Building Society borrowers
- Draft Anti Money Laundering PolicyTemplate for Swansea Building Society panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Swansea Building Society lender panel
- Buy-to-Let help for Swansea Building Society
- Consent-to-Let help for Swansea Building Society
- Contractor Mortgages with Swansea Building Society