Looking for information about your firm's panel status?
West Bromwich Building Society Conveyancing Panel Assistance:
What are the West Bromwich Building Society 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.
The Special Requirements state:
Generally, Firms must have at least two Partners however all Firms wishing to be admitted to the conveyancing panel should contact Mortgage Deeds Administration Department in the first instance - See E.33 below for contact details.
You must also comply with the terms and conditions of your West Bromwich Building Society solicitor panel appointment.
Can my firm make a complaint to the BSA about being removed excluded suspended from the West Bromwich Building Society conveyancing panel?
The BSA is an association rather than a regulator and therefore will not advise on complaints against lenders. You can of course contact us to see if we can assist.
Being a firm on the West Bromwich Building Society conveyancing panel who should we communicate with if I have a query about the BSA conveyancing instructions ?
If you are a property lawyer and have a query about the mortgage instructions,
you should make contact with West Bromwich Building Society. The BSA will not advise or comment on specific queries relating to West Bromwich Building Society or other lenders.
An established client of mine is looking to acquire a semi detached house for
£607,500 in Mill Hill requiring a mortgage advance over GBP 415k.
I am on the West Bromwich Building Society conveyancing panel but do West Bromwich Building Society have a separate approved panel when a mortgage is above 350k?
Lexsure only know of a couple of banks that operate a distinct conveyancing panel where the mortgage advance is over a certain threshold.
You should nevertheless check directly with West Bromwich 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
West Bromwich Building Society
Why did the BSA introduced differing instructions from the CML?
The Building Society Association 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.
I have read a number of legal articles recently about firms being sued for non-compliance with BSA Mortgage Instructions. I am on the West Bromwich Building Society conveyancing panel. Can you tell me how many Specific Requirement changes took place by West Bromwich Building Society during 2013?
During this period 18 sections of the BSA Mortgage Instructions were changed by West Bromwich Building Society. Some changes are more important than others but as a firm on the West Bromwich Building Society conveyancing panel you are of course obliged to comply with individual lender requirements. Locktons have recently pointed out in an article that non-compliance with lender requirements account for a number of high value claims, and it is therefore important to be aware of any particularly onerous terms that an individual lender may impose.
Remember: BSA requirements are not guidelines; they are the lender client’s instructions.
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 West Bromwich Building Society conveyancing panel. How can we advertise our firm as specialists in conveyancing in Hendon who can act for the borrower and West Bromwich Building Society?
12 potential conveyancing clients search for a property lawyer on the West Bromwich Building Society panel on a monthly basis in Hendon. Please contact the team at lenderpanel.com to see how your firm can be found by those searching for conveyancing in Hendon.
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Average number of days to register title including a charge in favour of West Bromwich Building Society
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
| 2020 | [no data] |
| 2019 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
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