The Chorley & District Building Society Conveyancing Panel Information
The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by The Chorley & District Building Society and to assist in remaining on the The Chorley & District Building Society Solicitor Panel.
Looking for information about your firm's panel status?
The Chorley & District Building Society Solicitor Panel Information:
No set panel but any firm wanting to act for CDBS must meet the specific requirements set out below.
1. Law Society or CLC member
2. Minimum of 2 partners or directors
You must also comply with the terms and conditions of your The Chorley & District Building Society solicitor panel appointment.
Any incentive, or third party involvement, of which we were previously unaware. Any material change in borrower’s circumstance between offer and completion
Remember: BSA requirements are not guidelines; they are the lender client’s instructions.
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 The Chorley & District Building Society and it may well be prudent for you to cease to act for the purchaser as well. You must not inform The Chorley & District 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 The Chorley & District Building Society conveyancing panel status.
Find a Lawyer on the The Chorley & District Building Society Solicitor Panel
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