West Bromwich Mortgage Company Conveyancing Panel Information

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

West Bromwich Mortgage Company Solicitor Panel Assistance:

What are the West Bromwich Mortgage Company conveyancing panel arrangements?
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, all 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 Mortgage Company solicitor panel appointment.

Are West Bromwich Mortgage Company Conveyancing panel solicitors at risk of the society altering or retracting the mortgage?
West Bromwich Mortgage Company ‘s answer to this question can be found at section B.3 of their BSA specific requirements which states:

Individual cases should be referred to The Processing Team for consideration where a conveyancer identifies an issue– See A.3 above for contact details

my firm is on the West Bromwich Mortgage Company conveyancing panel. Can I get an archived copy of West Bromwich Mortgage Company Specific Requirements from the BSA?
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 directly.
Are the BSA planning on creating a online directory to to identify firms on the West Bromwich Mortgage Company conveyancing panel ?
Lexsure has not been advised of any plans on the part of the BSA to promote such a search facility .
Does the fact that my practice subscribes to Alerts via this site assist in my application to join the West Bromwich Mortgage Company conveyancing panel?
The requirements to join the West Bromwich Mortgage Company conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
What obligations do I have, being on the West Bromwich Mortgage Company conveyancing panel, to carry out a Chancel Search?
West Bromwich Mortgage Company make no specific obligation to carry out any of the searches listed. The BSA Mortgage Instructions simply states that ‘you must ensure that any other searches which may be appropriate to the particular property, taking into account its locality and other features are carried out’.

Please note that most ‘less usual searches’ (as described in the Law Society’s Conveyancing Handbook) are not optional as far as West Bromwich Mortgage Company are concerned if they are ‘appropriate’. Most lenders will not require environmental searches (you should Check the West Bromwich Mortgage Company Specific Requirements of BSA Handbook to be sure), but you are obliged to explain risks and availability to the client.

Ground stability, Plansearch,flood searches as well as the searches listed in the question are optional – but only to the extent that you have allowed the borrower client to make an informed choice. Regardless of whether there is a mortgage, If you have not advised the client that these (and other) searches are available and what risks they cover, then you will be liable if the client suffers loss through not conducting one.

Why has the BSA 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.
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:

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Average number of days to register title including a charge in favour of West Bromwich Mortgage Company
This information relates to purchase only and not remortgages.
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* Data aggregated from sources including COMPLETIONmonitor