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 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:
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.
Can a firm register a complaint to the BSA about being removed excluded suspended from the West Bromwich Building Society conveyancing panel?
The BSA is an association rather than a regulator and therefore do not advise on grievances against lenders. You can of course contact us to see if we can help.
Will the fact that my practice subscribes to LENDERmonitor Alerts help in my application to join the West Bromwich Building Society conveyancing panel?
The criteria 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.
Being on the West Bromwich Building Society conveyancing panel for what period of time am I expected to retain the complete conveyancing file?
The BSA Mortgage Instructions state that the firm must keep the file for at least 6 years from the date of the mortgage. Data imaging is normally suitable
compliance with this requirement. As a firm on the West Bromwich Building Society conveyancing panel you must allow West Bromwich Building Society to conduct such reasonable audit of your
information security measures as West Bromwich Building Society or their
agents may to ensure your compliance with your file retention
obligations.
Who do building societies allow to be on their approved solicitor panel?
In the same way that there is a unique West Bromwich Building Society conveyancing panel most building societies, operate a conveyancing panel for solicitors and other conveyancers that the lender will instruct. Terms and Conditions and criteria for inclusion on a building society conveyancing panel vary from lender-to-lender. Having CQS accreditation may be a requirement.
Institutional lenders, such as a building society, is a client and is entitled to instruct the solicitor or conveyancer of its choosing (who, in turn, is free to accept or refuse instructions). Therefore, if lender and borrower cannot agree which solicitor or conveyancer should represent them jointly, they would usually proceed on a separate representation basis.
I have been a sole practitioner for nearly 25 years without a single claim against me and have been refused acceptance on the West Bromwich Building Society conveyancing panel with no explanation. Am I not entitled to know why?
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.
Can the BSA assist me in an appeal having not been accepted onto the West Bromwich Building Society conveyancing panel?
If you have not been accepted or indeed been removed from the West Bromwich Building Society conveyancing panel then the BSA will not have any part to play in influencing West Bromwich Building Society in changing their mind. Please contact us here at Lexsure so that we can put you in touch with a consultant who may be able to assist. At the very least it’s worth a call to us.
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
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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.
| 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 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
