National Counties Building Society Conveyancing Panel Compliance Audit

Your firm can wait for National Counties Building Society to commission a file audit or you can ask Lexsure to do a National Counties Building Society panel compliance conveyancing audit.

National Counties Building Society is undoubtedly one of the firm’s most important clients for conveyancing work.

Can you be sure that you are complying with the instructions as a practice on the National Counties Building Society conveyancing panel?

You can ask one of your team to carry out an audit but Lexsure is the only company offering a comprehensive lender panel compliance audit for your conveyancing files where National Counties Building Society are the lending client.

Our complete bank of National Counties Building Society Handbook instructions enables us to examine a law firms’ conveyancing files whilst on the National Counties Building Society conveyancing panel retrospectively and in much the same way as National Counties Building Society would.

Our panel of experienced assessors independently assess using propriety templates and Lender obligation archives whether each conveyancing matter was in line with the requirements when the Certificate of Title was signed off.

For conveyancing firms where their search provider is not offering the service, our costs is £1,975+VAT. Lexsure tend to analyse eight transaction files involving National Counties Building Society, which we can randomly select by tenure (e.g. leasehold) date or a mix characteristics.

At the end of the audit, we will compile a full written compliance profile for your transactions with National Counties Building Society and a baseline risk profile. We will also meet with you to present our auditor’s findings and guidance in a formal interview. Further audits will occur. Our office will contact the firm to request the status of planned actions. No more than one lender conveyancing panel audits may be requested by a practice per annum.

Lexsure’s Conveyancing Audit Scheduling System (LCASS) enables your firm to select the date, time and location of a National Counties Building Society conveyancing panel compliance audit. The system is available 24/7, which eliminates most instances where you have to wait for business hours to contact Lexsure to schedule or rearrange a National Counties Building Society panel compliance review. Please note that before accepting a National Counties Building Society conveyancing panel compliance review we have to conduct a conflict check. It is sometimes not possible for Lexsure to agree to a National Counties Building Society panel compliance file audit

How can we help you? National Counties Building Society Conveyancing File Audits FAQs


What is the selection criteria for joining the National Counties Building Society conveyancing panel?

You will need to check with National Counties Building Society directly or their panel manager, if any. Lexsure is not connected with National Counties Building Society in managing their conveyancing panel or selection criteria.

I am told that if I arrange an audit through certain search providers that I can have the lender compliance conveyancing audit for free. Is that true?

At the time of preparing this answer we are not aware of any such offer but please contact your search provider directly and ask them to call us. Once in a while discount voucher codes are available via participating search companies.

My firm is on the National Counties Building Society conveyancing panel and I am considering using your services for conveyancing file audits. Is Lexsure a member of The Institute of Internal Auditors?

No

Lexsure were referenced on the conveyancing section of my PI Insurance form this year. Do certain insurers reduce their premium where a firm has a positive lender compliance audit?

Please contact your insurer or insurance broker.

How experienced are the auditors who conduct Lexsure Lender Compliance Audits?

Designated auditors have at least 25 years conveyancing experience (pre-dating the CML Lenders’ Handbook, The UK Finance Lenders' Handbook and BSA Handbook)