Market Harborough Building Society Conveyancing Panel Information

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

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How does my firm apply to be on the Market Harborough Building Society Solicitor Panel?

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How can my firm be reinstated onto the Market Harborough Building Society Solicitor Panel?

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Market Harborough Building Society Conveyancing Panel: Recently Asked Questions

Is it true that the Law Society has recommended that firms check their status on the Market Harborough Building Society conveyancing panel?

The Law Society of Scotland has advised that solicitors should check their panel status with lenders prior to accepting client instructions to act. The advice is lender-agnostic as it does not relate specifically to solicitors on the Market Harborough Building Society conveyancing panel. The suggestion arises from the practice of a number of mortgage lenders who remove solicitors from their panels without prior notice as part of their panel management system, which can lead to some solicitors discovering this only once instructed. This is sensible advice as a client finding out midway through a transaction that their lawyer is not on the approved lender panel is very frustrating and can lead to complaints. Many online consumer forums contain posts where someone is complaining about finding that their lawyer is not on a lender conveyancing panel. Such forums include moneysavingexpert.com

What is the CLC doing to ensure that licensed conveyancers remain on lender conveyancing panels?

As is the case with the Law Society the Council of Licensed Conveyancers has begun discussions with lenders and their representative bodies to see whether and how the risks that lenders wish to mitigate could be addressed through the regulatory framework rather than via ad hoc arrangements that can differ from lender to lender. We expect that that the CLC have been in touch with lenders such as Market Harborough Building Society in recent years.

Who do building societies allow to be on their Conveyancing Panels?

In the same way that there is a unique Market Harborough 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. The BSA have not published the equivalent of the UK Finance Lenders’ Handbook Part 3s.

My lawyers pass me the odd LENDERmonitor email but I rarely see change of note. By way of illustration, I am on the Market Harborough Building Society conveyancing panel and get an alerts only advising of a change of address. Isn't that just noise?

Yes it does matter because sending a communication or deeds to the wrong address can cause delays that might not only affect your borrower client but also affect your ability to remain on the Market Harborough Building Society solicitor panel. Lets say that Market Harborough Building Society change their requirements as to where their panel firm send the deeds. Do you change the details in your case management system? Is this recorded anywhere? Is this communicated to the staff? By virtue of your COT Market Harborough Building Society you are giving assurances that you will forward the relevant documents within 10 days of receiving the Title Information Document. Leaving to one side whether you are in breach of an undertaking in sending it to the wrong address, you run the risk of Market Harborough Building Society suspending you off the panel because they are not receiving the deeds in accordance with the COT. It will not be a valid excuse to say that you sent it to an address that is no longer valid.

I am a sole practitioner firm on the Market Harborough Building Society conveyancing panel. Do you have ideas as to how we can market our practice as conducting conveyancing in Hendon on the Market Harborough Building Society panel?

12 potential conveyancing clients search for a solicitor on the Market Harborough Building Society panel on a monthly basis in Hendon. The lenderpanel directory service team who will show you how your firm can be listed by those searching for conveyancing in Hendon.

Our membership of the Market Harborough Building Society conveyancing panel was terminated but was reinstated on appeal, do I need to include these details on my CQS application?

We would recommend that you provide details of the date of removal, information on the reason for removal, date of appeal and any reason given for reinstatement. This should not adversely impact your firm’s application but gives the Law Society a complete picture of what has gone on.

My firm is listed on the Market Harborough Building Society conveyancing panel and due to complete a remortgage shortly. I can not locate a Mortgage Deed for the client to execute. Who do I contact at Market Harborough Building Society to obtain duplicate documents?

You need to get in touch with Market Harborough Building Society to obtain standard documents. The CML Handbook incorporates an express section for lenders to set out who to contact to obtain standard documents. Market Harborough Building Society in their Part 2’s state:

It helps to disclose your Market Harborough Building Society solicitors panel reference.

Find a Lawyer on the Market Harborough Building Society Solicitor Panel

Average number of days to register title including a charge in favour of Market Harborough 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

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