West Bromwich Building Society Conveyancing Panel Information

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

West Bromwich Building Society Conveyancing Panel Information:

What are the West Bromwich Building Society conveyancing panel arrangements?
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:

Generally, Firms must have at least two Partners however all Firms wishing to be admitted to the conveyancing panel should contact Mortgage Deeds Administration Department in the first instance - See E.33 below for contact details.

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

Does the fact that my practice has signed up to Alerts via this site help in my application to join the West Bromwich Building Society solicitor panel?
The requirements to join the West Bromwich Building Society conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
I noticed the following question on my PI renewal form this year ‘Has your Firm been asked by a lender to agree to more onerous terms and conditions than provided for in the BSA Mortgage Instructions?’ My firm is on the majority of lender panels including the West Bromwich Building Society conveyancing panel. We have Terms and Conditions of appointment which we are duty bound to comply with. Do I disclose these these Terms?
The concern here is if you are expect to enter into ‘more onerous’ conditions that than the Handbook obligations.

You have to try and take an objective view as to whether the Terms relating to the West Bromwich Building Society conveyancing appointment (or other terms for other lenders) are ‘more onerous’ than the BSA Mortgage Instructions. Depending on the Terms you may need to provide details on your renewal form. If you are in any doubt please call your broker to discuss before moving forward on this question.

My firm is on the West Bromwich Building Society conveyancing panel. I am dealing with West Bromwich Building Society mortgage on a purchase. My borrower client is asking not to disclose an issue to West Bromwich Building Society. What do I do in this conflict situation?
When a solicitor is acting for both West Bromwich 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 West Bromwich Building Society and it may well be prudent for you to cease to act for the purchaser as well. You must not inform West Bromwich 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 West Bromwich Building Society conveyancing panel status.

I rarely receive a copy of a valuation from a lender these days. Do my West Bromwich Building Society conveyancing panel obligations extend to checking the valuation details where I am acting on a purchase with West Bromwich Building Society as the Mortgagee?
There are various requirements you need to follow if you wish to comply with your lender client’s instructions as set out in the BSA Mortgage Instructions. (I) You must take reasonable steps to verify that there are no discrepancies between the description of the property as compared to an address that is no longer valid.
Marsh’s PI Insurance renewal form questions if my firm had been removed off any bank panels in the last year . I just found out that the firm is no longer on the West Bromwich Building Society solicitor panel? Is this likely to effect 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 West Bromwich Building Society solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.
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 West Bromwich Building Society
This information relates to purchase only and not remortgages.
YearDays*
2024 [no data]
2023 52.3
2022 [no data]
2021 44.7
2020 [no data]
2019 28.2
* Data aggregated from sources including COMPLETIONmonitor