Aldermore Bank Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and professional indemnity insures. COMPLETIONmonitor is a unique risk mitigation tool.

This software assists the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Aldermore Bank’s changes. Even though using this technology is not a prerequisite for Aldermore Bank , demonstrating you can remain up to date with Aldermore Bank’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your firm’s panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, results in a PII saving.

Find a Law Firm approved by Aldermore Bank

Lenders frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Aldermore Bank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time:

A Timeline of Policy Changes


Since 2008, Aldermore Bank has made 127 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 21.5 days. In total, 30% of the sections of P2 of the UK Finance Lenders’ Handbook for Aldermore Bank have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
5.4.4 01/05/2017 CML
1.11a 23/02/2016 CML
14.2.1 22/02/2016 CML
5.20.3 22/02/2016 CML
3.2.4 08/02/2016 CML
5.19.1 08/02/2016 CML
14.1.5 08/02/2016 CML
6.14.1 30/11/2015 CML
5.1.1 29/07/2015 CML
5.14.1 28/06/2015 CML

Last update 08/07/2019

Aldermore Bank Solicitor Panel Sample Enquires to our Call Center from members of the public

It has come to my attention via my mortgage adviser that my property lawyer is not on the Aldermore Bank Conveyancing panel. What can I do to be certain that this is indeed the case?
The best course of action for you to take is to contact your conveyancer. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a firm that is on the the approved Aldermore Bank solicitor panel.
I am purchasing a new build duplex and my solicitor is informing me that she has to disclose incentives from the developer as her firm is on the Aldermore Bank conveyancing panel. I am nearing the developer’s deadline to sign contracts and I have no desire to delay matters. Can I insist on an exchange regardless of what my lawyer says about being on the Aldermore Bank panel?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Aldermore Bank approved panel is to comply with the CML Handbook requirements (last updated for this lender on Aldermore Bank). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
What tools are available to search for a local solicitor on the Aldermore Bank conveyancing panel? I have a car and am prepared to travel up to 25 miles to meet the conveyancer.
Feel free to make use of the find a conveyancing panel tool on this website. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Aldermore Bank solicitor panel.
I am buying a new build flat and getting a mortgage with Aldermore Bank. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Aldermore Bank conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Aldermore Bank conveyancing panel in your location.
Is there a list of Aldermore Bank panel solicitors on the CML Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
We have agreed to purchase a house.One unusual aspect is that the roof has a solar panel. Aldermore Bank have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Aldermore Bank your lawyer must to check the Aldermore Bank conveyancing instructions contained in the Part of CML Handbook for Aldermore Bank . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Aldermore Bank where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.
My ex -wife’s name is on the Aldermore Bank mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Aldermore Bank mortgage in order to sell?
In terms of the Aldermore Bank mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Aldermore Bank in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.