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.

Looking for information about your firm's panel status?

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 Solicitor Panel: Recently Asked Questions

Are Market Harborough Building Society Conveyancing panel solicitors duty bound to disclose incentives?

Market Harborough Building Society’s answer to this question can be found at section 6.4.4 of their CML Part 2 requirements

my firm is on the Market Harborough Building Society conveyancing panel. Can I get an archived copy of a Market Harborough Building Society Part 2 from the CML?

The Council of Mortgage Lenders do not retain duplicates of the Part 2's Pre January 2011. The CML advise that you contact Market Harborough Building Society directly.

Is there a standard appeals process to prevent solicitors from being unfairly removed them from lender conveyancing panels?

There are thousands of firms across the UK who feel aggrieved claiming that they have been removed from lenders’ panels without an explanation or a good reason. It is highly unlikely, given that lenders have distanced themselves from creating a standardised appeals process for brokers, that an appeals process will be introduced for lawyers. Commenting on the call by brokers to have a standardised process the CML said’ “While we understand that some lenders do have an appeals process, it would not be appropriate for a trade body such as the CML to seek to be prescriptive about such a process.” Some lenders do of course set out an appeals policy. The Law Society does have information on it’s site that may be of assistance. If you would like to talk to one of our compliance experts about our Lender Panel Protection Service please contact us.

Are there conditions,outside the CML Part 2 requirements, that a firm should be aware of when on the Market Harborough Building Society conveyancing panel?

In order to be on the Market Harborough 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 Market Harborough Building Society) are as follows:

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 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
Without prejudice to your obligation to comply in full with the Safeguards provisions in the CML Lenders’ Handbook, to report to us as soon as possible any suspicion that you have about the genuineness of any transaction in any respect.
To forward the title deeds and documents to another solicitor/conveyancer within 24 hours of an instruction from us requiring you to do so. On forwarding the deeds as instructed you will confirm to us that you have done so. Upon receipt of your confirmation, we will release you from all undertakings relating to your holding the title deeds.
If you are a sole practitioner, to arrange for appropriate locum cover from our panel where necessary. Your locum must be a member of the Conveyancing panel.

In conducting leasehold due diligence do Market Harborough Building Society conveyancing panel lawyers need to consider if there is an absentee freeholder?

Given that your firm in is on the Market Harborough Building Society conveyancing panel and you are acting for them in relation to a leasehold property, you must report to them if it becomes apparent that the landlord is either absent or insolvent. If Market Harborough Building Society are to lend, they may require indemnity insurance. In any event,you will need to check Market Harborough Building Society’s specific requirements. Notwithstanding whether Market Harborough Building Society will lend in such circumstances you still need to advise the borrower (unless you are acting for Market Harborough Building Society alone) as to the risks of buying a property with an insolvent or absentee landlord.

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

You should 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 application but gives the CQS team viability as to what has occured.

Our practice is on the Market Harborough Building Society conveyancing panel and scheduled to complete a remortgage within the next few weeks. My file does not contain a Mortgage Deed for the client to sign. Who do I contact at Market Harborough Building Society to get a duplicate Deed?

You would be advised to contact Market Harborough Building Society to obtain standard documents. The The Council of Mortgage Lenders Handbook incorporates a specific inquiry for banks to cite who to contact to obtain standard documents. Market Harborough Building Society in their Part 2’s state:

It is likely that you will need to disclose the firm’s Market Harborough Building Society solicitors panel number.

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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