Manchester Building Society Conveyancing Panel Information

Lexsure only know of two or three banks that operate a separate conveyancing panel where the mortgage advance is over a certain threshold. You should nevertheless check directly with Manchester 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 Manchester Building Society

There are many reports available, five of which are as follows:

• Analysis as to the nature of clients (e.g.existing/new/seen in person)
• Disclosure/Notification to Lender analysis indicating frequency and nature of disclosures - to include benchmarking analysis against aggregate data
• Average time frame to send deeds to the lender (calculated from completion date or title registration)
• Evidence of undertaking logs
• Current and historic missed priority dates

Please tread carefully here as what you are intending may not be acceptable to the lender. 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.

9 potential conveyancing clients search for a property lawyer on the Manchester Building Society panel each month in Hendon. Please contact the team at lenderpanel.com to see how your firm can be listed by those searching for conveyancing in Hendon.

CQS membership gives no guarantee to lender panel acceptance. Nevertheless the CML have indicated that it is likely to become a prerequisite for firms wishing to remain on their panels. A number of Lenders now use the Conveyancing Quality Scheme accreditation as the starting point for Panel membership as is the case with Santander.

You need to get in touch with Manchester Building Society to obtain standard documents. The CML Handbook contains an explicit inquiry for lenders to reveal who to contact to obtain standard documents. Manchester Building Society in their Part 2’s state: Please remember to quote your Manchester Building Society solicitors panel reference.