Looking for information about your firm's panel status?
Cumberland Building Society Solicitor Panel Information:
What are the Cumberland 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:
For residential mortgages (including Buy to Let and Holiday Let) the conveyancing panel is administered by Lender Exchange and the Customer Service Department, Redemptions. For Commercial Mortgages the conveyancing panel is administered by the Commercial Lending Team.
For residential mortgages (including Buy to Let and Holiday Let) the conveyancing panel is administered by Lender Exchange and the Customer Service Department, Redemptions. For Commercial Mortgages the conveyancing panel is administered by the Commercial Lending Team.
You must also comply with the terms and conditions of your Cumberland Building Society solicitor panel appointment.
Do Cumberland Building Society or the Building Society Association run CPD Courses for the Cumberland Building Society approved solicitor panel in much the same way that the Law Society run cases for CQS accedited practices?
No such training is arranged by the BSA although they do organise numerous general legal related conferences which are attended by firms on the Cumberland Building Society conveyancing panel. It is our intention to run specific lender focused seminars in the near future including a webinar on Cumberland Building Society’s requirements . Solicitors on the Cumberland Building Society conveyancing panel are welcome . Information about the webinar will be communicated as part of the LENDERmonitor Alerts .
Does the fact that my firm receives Alerts via this site help in my application to join the Cumberland Building Society solicitor panel?
The criteria to join the Cumberland Building Society conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
A long standing client of my firm is buying a new build house for
£607,500 in Mill Hill with a mortgage over GBP 415k.
I am on the Cumberland Building Society conveyancing panel but do Cumberland Building Society have a separate approved panel when a mortgage is above 300,000?
We only know of a couple of banks that operate a distinct conveyancing panel where the mortgage advance is over a certain amount.
You should nevertheless check directly with Cumberland 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
Cumberland Building Society
Why has the Building Society Association introduced differing instructions from the CML?
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.
Are figures published revealing the Cumberland Building Society conveyancing panel size and the number of conveyancing firms dismissed each year?
With lenders and conveyancing firms working so closely together it is surprising that there has not been much call for the introduction of a bit of transparency regarding not just the figures for the Cumberland Building Society conveyancing panel but for all mortgage panel listings
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:
We are a 3-partner firm on the Cumberland Building Society conveyancing panel. Do you have ideas as to how we can market our firm as specialists in conveyancing in Hendon who can act for the borrower and Cumberland Building Society?
6 consumers attempt to locate a solicitor on the Cumberland Building Society panel each month in Hendon. The lenderpanel directory service team who will show you how your firm can be identified by those searching for conveyancing in Hendon.
Find a Lawyer on the Cumberland Building Society Arroved Conveyancers Panel
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Average number of days to register title including a charge in favour of Cumberland Building Society
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2025 | [no data] |
| 2024 | 15.3 |
| 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 Cumberland Building Society Firms
- Draft Report on Title precedent for Cumberland Building Society borrowers
- Draft Anti Money Laundering PolicyTemplate for Cumberland Building Society panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Cumberland Building Society lender panel
- Buy-to-Let help for Cumberland Building Society
- Consent-to-Let help for Cumberland Building Society
- Contractor Mortgages with Cumberland Building Society
