Newbury Mortgage Services Conveyancing Panel Information

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by Newbury Mortgage Services and to assist in remaining on the Newbury Mortgage Services Approved Conveyancing Solicitors Panel.

Looking for information about your firm's panel status?

How does my firm apply to be on the Newbury Mortgage Services Approved Conveyancing Solicitors Panel?

Learn How

How can my firm be reinstated onto the Newbury Mortgage Services Approved Conveyancing Solicitors Panel?

Learn How

Newbury Mortgage Services Solicitor Panel Assistance:

What are the Newbury Mortgage Services 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.

You must also comply with the terms and conditions of your Newbury Mortgage Services solicitor panel appointment.

Do Newbury Mortgage Services or the Building Society Association run CPD seminars for the Newbury Mortgage Services approved conveyancing panel in the same way that CQS run CPD Courses for accredited firms?

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 Newbury Mortgage Services conveyancing panel. We do intend to run specific lender focused seminars in the near future including a webinar on Newbury Mortgage Services’s obligations . Solicitors on the Newbury Mortgage Services conveyancing panel will be invited . Further details will be communicated as part of the LENDERmonitor Alerts .

Being on the Newbury Mortgage Services conveyancing panel for what period of time am I obliged to archive the complete conveyancing file?

The BSA Mortgage Instructions state that the firm must keep the file for at least 6 years from the date of the mortgage. Data imaging is normally suitable compliance with this requirement. As a firm on the Newbury Mortgage Services conveyancing panel you must allow Newbury Mortgage Services to conduct such reasonable audit of your information security measures as Newbury Mortgage Services or their agents may to ensure your compliance with your file retention obligations.

A recent SRA survey reveals that three quarters of solicitors have been removed or threatened with removal from a lender conveyancing panel. Newbury Mortgage Services and other building societies have restricted their panel over the years. Why?

The feeling from lenders generally (we can not speak for Newbury Mortgage Services specifically), is that for too long solicitors have concentrated on their duty of care to their purchasing client, and have paid scant attention to the duty they owe to the lender, whom they conveniently forget is also their client.

Looking from the lenders’ perspective, it has to be said that there are pressures to encourage smaller panels. The Financial Services Authority regards the open panel system as a major contributor to mortgage fraud and negligence cases, and has been leaning on lenders to move to proactive panel management, which is more expensive the larger the panel. Hence it is becoming more common for lenders to charge fees, and/or require extensive form-filling, from would-be panel members

Newbury Mortgage Services and other BSA lenders are in varying stages of reviewing their approach to vetting firms on their conveyancing panels, to ensure their ongoing exposure to unsuitable firms is reduced.

Why has the Building Society Association introduced its own instructions?

The BSA 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.

My firm is on the Newbury Mortgage Services conveyancing panel. I am dealing with Newbury Mortgage Services mortgage on a purchase. My borrower client is asking not to disclose an issue to Newbury Mortgage Services. What do I do in this conflict situation?

When a solicitor is acting for both Newbury Mortgage Services and borrower there is potential for conflicts to arise. You owe duties to both clients. All information received by you from your client is confidential and cannot be disclosed without the client’s consent.

In your situation, if the purchaser will not consent to the information being passed on to the lender, the solicitor must cease to act for Newbury Mortgage Services and it may well be prudent for you to cease to act for the purchaser as well. You must not inform Newbury Mortgage Services of the reason for termination of the retainer over and above the fact that a conflict has arisen. The fact that you can no longer act should alert even the most somnambulistic of lenders that something is wrong with the borrower and/or purchase. The fact that you have disinstructed yourself should not affect your Newbury Mortgage Services conveyancing panel status.

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:

The firm I run is a Lexcel accredited firm on the Newbury Mortgage Services conveyancing panel. How can we advertise our practice as specialists in conveyancing in Hendon who can act for the borrower and Newbury Mortgage Services?

8 people search for a solicitor on the Newbury Mortgage Services panel on a monthly basis in Hendon. Feel free to contact the Lexsure team who will tell how your firm can be identified by those searching for conveyancing in Hendon.

Find a Lawyer on the Newbury Mortgage Services Approved Conveyancing Solicitors Panel

Average number of days to register title including a charge in favour of Newbury Mortgage Services

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

Find solicitors on the Newbury Mortgage Services panel near you:

Please note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors