Beverley Building Society Conveyancing Panel Information

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by Beverley Building Society and to assist in remaining on the Beverley Building Society Solicitor Panel.

Beverley Building Society Conveyancing Panel Assistance:

What are the Beverley 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 conveyancing panel, but must contact Graham Carter (see A.10)

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

As a practice on the Beverley Building Society conveyancing panel who do I communicate with if I have a query about the instructions ?
If you are a conveyancer and have a query regarding the mortgage instructions, you should make contact with Beverley Building Society. The BSA will not advise or comment on specific queries relating to Beverley Building Society or other lenders.
Am I obliged, being on the Beverley Building Society conveyancing panel, to carry out a Chancel Search?
Beverley Building Society make no specific obligation to carry out any of the searches listed. The BSA Mortgage Instructions simply states that ‘you must ensure that any other searches which may be appropriate to the particular property, taking into account its locality and other features are carried out’.

Remember that most ‘less usual searches’ (as described in the Law Society’s Conveyancing Handbook) are not optional as far as Beverley Building Society are concerned if they are ‘appropriate’. Most lenders will not require environmental searches (you should Check the Beverley Building Society Specific Requirements of BSA Handbook to be sure), but you are obliged to explain risks and availability to the borrower.

Ground stability, Plansearch,flood searches as well as the searches listed in the question are optional – but only to the extent that you have allowed the borrower client to make an informed choice. Regardless of whether there is a mortgage, If you have not advised the client that these (and other) searches are available and what risks they cover, then you will be liable if the client suffers loss through not conducting one.

A long standing client of my firm is purchasing a semi detached house for £835,250 in Brighton requiring a mortgage advance over GBP 415k. I am on the Beverley Building Society conveyancing panel but do Beverley Building Society have a separate approved panel when the advance is above 350k?
We only know of a couple of banks that operate a separate approved solicitors panel where the mortgage advance is over a certain level. You should nevertheless check directly with Beverley Building Society. At one stage HSBC would only allow Sole practitioners to act for them where the mortgage was below £150,000. We are not sure if HSBC still operate such a condition. In your case it is best to check with Beverley Building Society
Are there conditions,outside the BSA Mortgage Instructions, that a firm should be aware of when on the Beverley Building Society conveyancing panel?
In order to be on the Beverley Building Society conveyancing panel solicitors have to complete an application form and agree Terms and Conditions. A sample of 5 conditions that we see amongst many lenders Terms (but not necessarily Beverley Building Society) are as follows:
  • You have the consent of all borrowers to apply for the deeds, before making any request for deeds. We will accept your request for deeds on the understanding that you have obtained such consent. If this is not the case then you should advise our Deeds Services Department in writing when you make your request
  • To be responsible for the reconstitution of the title deeds (whether the title is registered or unregistered, at your own cost), where any deeds in your possession, or were last known to be in your possession, go missing.
  • That any deeds you borrow from us in connection with the personal mortgage of a partner or director at your firm must be requested by a partner or director other than the partner or director concerned and the transaction must be handled by that other partner or director. If you are a sole practitioner and require the loan of deeds in connection with your own mortgage, you must nominate a different firm on our panel to request the deeds and handle the transaction.
  • To keep us informed of the reasons for any delay in your being able to send the title deeds and documents we require to us within 3 months of completion or evidence of proof of registration within that period. (We will send reminders if the deeds have not been received but will not acknowledge receipt of deeds.)
  • To carry out our instructions with reasonable care and skill, ensuring that all employees carrying out mortgage work on our behalf are qualified and competent to do so
I rarely receive a copy of a valuation from a lender these days. Do my Beverley Building Society conveyancing panel obligations extend to checking the valuation details where I am acting on a purchase with Beverley Building Society as the Mortgagee?
There are various requirements are to be followed 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.
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 Beverley Building Society
This information relates to purchase only and not remortgages.
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2024 [no data]
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2021 [no data]
2020 [no data]
2019 [no data]
* Data aggregated from sources including COMPLETIONmonitor