Looking for information about your firm's panel status?
Mansfield Building Society Solicitor Panel Information:
What are the Mansfield 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:
We do not have our own separate conveyancing panel. Conveyancers must be on the Law Society/Licensed conveyancers website. The Society does not allow Licensed Conveyancers or solicitors who are a sole trader to act, insisting on a minimum of 2 partners. The practicing certificates for all partners at the office are obtained, and any new requests to join the panel will initially require the completion of a conveyancing panel questionnaire. The validity of a firm is verified and checks are made to identify any disciplinary issues against the individual/firm, and evidence of PII cover is also obtained which must be for a minimum of £2m per claim (£3m for relevant recognised bodies or relevant licensed bodies).. A.13. The BSA Mortgage Instructions do not affect any responsibilities that you have to us under the general law or any practice rule or guidance issued by your professional body from time to time.
You must also comply with the terms and conditions of your Mansfield Building Society solicitor panel appointment.
Do Mansfield Building Society or the BSA run professional training Courses for the Mansfield Building Society approved conveyancing panel akin to the way that CQS do?
This not something that the BSA would traditionally get involved with although they do provided numerous general legal related conferences which are attended by firms on the Mansfield Building Society conveyancing panel. It is our intention to run specific lender focused seminars in the near future including a webinar on Mansfield Building Society’s requirements . Solicitors on the Mansfield Building Society conveyancing panel will be invited . Further details will be communicated as part of the LENDERmonitor change Notifications .
Do you have any idea what Lenders such as Mansfield Building Society are asking for when it comes to applying to be on their approved solicitor list?
Criteria differ from lender to lender.
We do not hold specific requirements relating to the questions raised as part of the application to be on the Mansfield Building Society conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):
- Automated alerting to inform lenders when there is a fundamental change to the firm e.g. change of management
- Whether the firm has ever accepted instructions in respect of property clubs and investment schemes
- Whether the firm is able to operate in other jurisdictions
- List of all those staff who work within the conveyancing team
- Conveyancer client account(s) details
- Details of any accreditation e.g. Lexcel and/or Conveyancing Quality Scheme
- List of all those who can sign off the Certificate Of Title
- Full disciplinary history for each conveyancing solicitor
- PII Cover details, including, if relevant, whether the firm is or has been in the assigned risks pool and structure of cover – basic split and history of any refusals
- SRA or equivalent regulator registration number where applicable
Are there conditions,outside the BSA Mortgage Instructions, that a firm should be aware of when on the Mansfield Building Society conveyancing panel?
In order to be on the Mansfield 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 Mansfield Building Society) are as follows:
- To quote on all communications with us relating to registration issues, whether by telephone or in writing, the panel number that we provide for each practising address and the mortgage account or application number for the mortgage concerned.
- 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.)
- 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.
- To notify us in writing of any change in your details as held on our records for example, change of address, telephone number, document exchange number email address. Notification must be given to us at least 10 days before the change will be effective.
I seldom receive a copy of a lender valuation any more. Do my Mansfield Building Society conveyancing panel obligations extend to checking the valuation details where I am acting on a purchase with Mansfield 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. (a) 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.
Should CQS membership guarantee my firm’s acceptance on to building society conveyancing panels?
CQS accreditation is no guarantee to lender panel acceptance. Nevertheless the Council of Mortgage Lenders have indicated that it is likely to become a prerequisite for firms wishing to remain on their approved list of conveyancing solicitors. Some mortgage companies now use the Conveyancing Quality Scheme accreditation as the starting point for Panel membership as is the case Astra Mortgages .
The CML Handbook includes instructions for a property with a solar panel. Mansfield Building Society do not seem to have any similar obligations via the BSA Mortgage Instructions. Am I missing something?
The BSA Mortgage Instructions don't
specifically deal with Solar Panels but it would be prudent as
approved solicitors for Mansfield 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 Mansfield Building Society Approved Conveyancing Solicitors Panel
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Average number of days to register title including a charge in favour of Mansfield 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 Mansfield Building Society Firms
- Draft Report on Title precedent for Mansfield Building Society borrowers
- Draft Anti Money Laundering PolicyTemplate for Mansfield Building Society panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Mansfield Building Society lender panel
- Buy-to-Let help for Mansfield Building Society
- Consent-to-Let help for Mansfield Building Society
- Contractor Mortgages with Mansfield Building Society
