Looking for information about your firm's panel status?
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.
Is it conceivable that West Bromwich Building Society will assign a different firm on the West Bromwich Building Society solicitor panel for a further advance during the lifetime of a mortgage ?
The Building Society Association Mortgage Instructions applicable to a solicitor on the West Bromwich 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 West Bromwich Building Society conveyancing panel but if you are instructed the appropriate provisions of the BSA mortgage instruction must be adhered to .
What information is available via COMPLETIONmonitor to assist my application to be on the West Bromwich Building Society conveyancing panel?
There are many reports available but examples include:
- Average time frame to register charges at the Land Registry
- Average time frame to send deeds to the lender (calculated from completion date or title registration)
- Number of conveyancing cases by lender
- The percentage of the firm’s business which is conveyancing (broken down into sale)
- Average mortgage advance
- Buy to Let transactions
- Notification to Lender analysis indicating frequency and nature of disclosures - to include benchmarking analysis against aggregate data
- Evidence of undertaking logs
- Current and historic missed priority dates
- Analysis as to the nature of clients (e.g. seen in person)
My practice have never been on the West Bromwich Building Society approved panel as well other lenders . My clients, who have applied for a mortgage with West Bromwich Building Society still want me to act for them regardless of the fact that we are not on the West Bromwich Building Society panel. Am I doing anything wrong is suggesting to my client that they use a firm down the road to represent West Bromwich Building Society on mortgage aspect of the transaction?
Please tread carefully here as what you are suggesting may not be acceptable to the mortgage company.
It is possible that you (as a non-panel firm) or the mortgage applicant are not entitled instruct a panel firm of your choice. Lenders such as Nationwide BS make it clear to their panel firms that where a non-panel member firm is instructed by one of their mortgage applicants, the lender must appoint a panel firm to carry out its instructions and to liaise with the borrower's conveyancer.
You also need to make the costs implications and potential for delay very clear to your client.
I have been a sole practitioner for nearly 20 years with a clean claims history and have been refused acceptance on the West Bromwich 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 West Bromwich Building Society conveyancing panel
to see if you are entitled to a reason.
Do publish figures exists disclosing the West Bromwich Building Society conveyancing panel size and the number of conveyancing firms dismissed each quarter?
With banks and solicitors working so closely with one another it is surprising that there has not been greater demand for the introduction of a bit of transparency regarding not just the figures for the West Bromwich Building Society conveyancing panel but for all mortgage panel listings
The Council of Mortgage Lenders Handbook includes instructions for a property with a solar panel. West Bromwich Building Society do not set out obligations via the BSA Mortgage Instructions. Is this right?
The BSA Mortgage Instructions don't
specifically deal with Solar Panels but it would be prudent as
approved solicitors for West Bromwich Building Society to raise the issue
with them (as you would if the UK Finance Lenders’ Handbook applied). In any event you
need to raise the appropriate questions for your buyer client.
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 West Bromwich Building Society Approved Conveyancing Solicitors
powered by LenderPanel
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.
| Year | Days* |
|---|---|
| 2026 | [no data] |
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited West Bromwich Building Society Firms
- Draft Report on Title precedent for West Bromwich Building Society borrowers
- Draft Anti Money Laundering PolicyTemplate for West Bromwich Building Society panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the West Bromwich Building Society lender panel
- Buy-to-Let help for West Bromwich Building Society
- Consent-to-Let help for West Bromwich Building Society
- Contractor Mortgages with West Bromwich Building Society
