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.

The Chorley & District Building Society Conveyancing Panel Assistance:

What are the The Chorley & District 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:

No set panel but any firm wanting to act for CDBS must meet the specific requirements set out below.

Specific Requirements

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.

Can my practice register a complaint to the BSA about being removed excluded suspended from the The Chorley & District Building Society conveyancing panel?
The BSA is an association rather than a regulator and therefore cannot investigate grievances against lenders. You can of course contact us to see if we can help.
Is it conceivable that The Chorley & District Building Society will instruct an alternative solicitor on the The Chorley & District Building Society conveyancing panel for a further advance during the mortgage term ?
The BSA Mortgage Instructions relevant to a solicitor on the The Chorley & District Building Society conveyancing panel indicates that when a further advance is required for alterations or improvements to the property we will not normally instruct a member of the The Chorley & District Building Society conveyancing panel but if you are instructed the appropriate provisions of the BSA mortgage instruction must be followed .
Are the BSA planning on creating a searchable register to list practices on the The Chorley & District Building Society conveyancing panel ?
Lexsure has not been advised of any intention on the part of the BSA to develop such a search facility .
Does the fact that my firm has signed up to LENDERmonitor Alerts assist in my application to join the The Chorley & District Building Society conveyancing panel?
The requirements to join the The Chorley & District Building Society conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
Why has the Building Society Association introduced its own instructions?
The Building Society Association introduced it’s Mortgage Instructions in 2010 to ensure that licensed conveyancers or solicitors on a building society conveyancing panel had full access to a complete set of standardised mortgage instructions.
I have been a qualified solicitor for over 25 years with a clean claims history and have been refused acceptance on the The Chorley & District Building Society conveyancing panel with no explanation. Am I not entitled to a reason?
Participation on the lender's panel of conveyancers is at the absolute discretion of the the lender. The days of open panels are now long gone. Many lenders reserve the right to accept or reject any application without giving any reason. You should check your original application to join the The Chorley & District Building Society conveyancing panel to see if you are entitled to a reason.
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:

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Average number of days to register title including a charge in favour of The Chorley & District Building Society
This information relates to purchase only and not remortgages.
YearDays*
2022 [no data]
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2020 [no data]
2019 [no data]
2018 [no data]
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* Data aggregated from sources including COMPLETIONmonitor