The Chorley & District Building Society Conveyancing Panel Compliance Audit

Check if your firm has a scheduled Lexsure The Chorley & District Building Society Handbook Compliance Audit

Book a Lexsure The Chorley & District Building Society Lender Handbook Compliance Audit

You no doubt expect your lawyers to be adhering to the conveyancing panel Handbook requirements of The Chorley & District Building Society or you can be sure by commissioning a compliance audit.

The Chorley & District Building Society is no doubt one of your most valued clients for conveyancing work.

Are you 100% sure that you are adhering to the instructions as a firm on the The Chorley & District Building Society conveyancing panel?

You may prefer to use your current Lexcel auditors but Lexsure stand alone in being able to carry out a comprehensive lender panel compliance audit for your conveyancing files where The Chorley & District Building Society are the lender.

Lexsure’s full database of The Chorley & District Building Society Handbook instructions enables us to analyse a law firms’ conveyancing cases whilst on the The Chorley & District Building Society conveyancing panel retrospectively and in the similar manner The Chorley & District Building Society would.

Our panel of expert auditors independently assess making use of propriety templates and Lender Handbook archives whether each conveyancing matter was in line with the requirements when the Certificate of Title was issued.

For conveyancing firms where their search provider is not offering the service, our fee for a The Chorley & District Building Society compliance panel audit is £1,975+VAT. Our team tend to audit eight case files involving The Chorley & District Building Society, which we can randomly select by tenure (e.g. leasehold) year of completion or a multitude characteristics.

At the end of the audit, we will supply you with a detailed compliance profile for your cases with The Chorley & District Building Society and a baseline risk profile. We will also follow-up with you to explain our expert findings and guidance in a formal debrief. Audit follow-up can be scheduled. Lexsure will contact the appropriate personnel to request the status of actions taken. A maximum of one lender conveyancing panel audits may be commissioned by a practice in a calendar year.

Lexsure’s Conveyancing Audit Scheduling System (LCASS) enables your firm to choose the date, time and location of a The Chorley & District 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 The Chorley & District Building Society panel compliance audit. Please note that before accepting a The Chorley & District Building Society conveyancing panel compliance review we have to conduct a conflict check. It may not be possible for Lexsure to conduct a The Chorley & District Building Society panel compliance audit

FAQs : The Chorley & District Building Society Conveyancing File Audits

Can you give examples of some of the more common Lender Handbook breaches by conveyancing lawyers on the The Chorley & District Building Society panel?

Lexsure periodically conduct conveyancing webinars focused on breaches across all lenders. Please feel free to book a place.

I was recently recommended by a neighbouring practice who had requested an audit for their The Chorley & District Building Society conveyancing files but I was told by Lexsure that this was not possible for my firm due to a conflict of interest. Why would this be the case?

For further details click here.

My firm is on the The Chorley & District 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?

Why would my firm consider a The Chorley & District Building Society handbook compliance audit?

Lexsure frequently come across The Chorley & District Building Society conveyancing panel companies who are confident that they have ‘bulletproof’ compliance protocols. Yet Lexsure sees common breaches of the lender Handbook instructions. In fact, we have yet to complete a single audit that didn’t reveal any breaches. An adverse externally-commissioned audit by a lender could result in an insurance claim or removal from a panel. Non-compliance with handbook requirements for The Chorley & District Building Society or any lender leaves you open to costly and damaging claims if the lender suffers a loss and even disciplinary action by your regulator. Lexsure’s lender compliance audits are the best way to ensure there aren’t costly skeletons in your conveyancing cupboard.

Does a satisfactory audit of my firm’s previous files involving The Chorley & District Building Society enable my firm to be reinstated on the The Chorley & District Building Society conveyancing panel?

That is not the case. We do not get involved in the The Chorley & District Building Society conveyancing panel selection or reinstatement criteria