West Bromwich Mortgage Company Conveyancing Panel Information

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:

You must also comply with the terms and conditions of your West Bromwich Mortgage Company solicitor panel appointment.

The BSA, as is the case with the CML do not keep copies of Specific Requirements. We would recommend you contact West Bromwich Mortgage Company direct.

If you are a property lawyer and have a question relating to the Specific Requirements, you should make contact with West Bromwich Mortgage Company. The BSA will not advise or comment on specific queries relating to West Bromwich Mortgage Company or other lenders.

The Law Society of Scotland has suggested 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 West Bromwich Mortgage Company 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 mumsnet.com

The key here is the caveat ‘more onerous’.

You have to try and take an objective view as to whether the Terms relating to the West Bromwich Mortgage Company conveyancing appointment (or other terms for other lenders) are ‘more onerous’ than the BSA Mortgage Instructions. Depending on the Terms you may need to provide details on your renewal form. If you are in any doubt please call your broker to discuss before moving forward on this question.

With banks and conveyancing firms working so closely together it is surprising that there has not been much call for the introduction of a bit of transparency regarding not just the figures for the West Bromwich Mortgage Company conveyancing panel but for all lender panel listings

The BSA Mortgage Instructions don't specifically deal with Solar Panels but it would be prudent as approved solicitors for West Bromwich Mortgage Company 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.

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:

• Santander Conveyancing Panel
• National Westminster Bank Conveyancing Panel
• Royal Bank of Scotland Conveyancing Panel
• HSBC Conveyancing Panel
• Lloyds Conveyancing Panel