Bank of Ireland Mortgages Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and professional indemnity insures. COMPLETIONmonitor is a unique risk management tool.

This system facilitates the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Bank of Ireland Mortgages’s changes. While utilising this technology is not a condition for being on the Bank of Ireland Mortgages panel, demonstrating you can remain up to date with Bank of Ireland Mortgages’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your firm’s panel standing.

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

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Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Bank of Ireland Mortgages are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes


Since 2008, Bank of Ireland Mortgages has made 258 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 10.6 days. In total, 59% of the sections of P2 of the UK Finance Lenders’ Handbook for Bank of Ireland Mortgages 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
6.7.1 24/04/2017 CML
New Build Conveyancing
Bank of Ireland as Bank of Ireland Mortgages panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
1.15 18/11/2016 CML
General Mortgage Instructions
Can the approved conveyancing firm act for Bank of Ireland as Bank of Ireland Mortgages if the person dealing with the conveyancing or a member of his immediate family is the borrower?
5.8.1 18/11/2016 CML
Freehold and leasehold owner of multiple flats
Bank of Ireland as Bank of Ireland Mortgages panel lawyers clarification as to whether they accept security which comprises a building converted into not more than four flats where the borrower occupies one of those flats and the borrower or another flat owner also owns the freehold of the building and the other flats are subject to long leases?
16.1.1 15/11/2016 CML
Title Documents
Bank of Ireland as Bank of Ireland Mortgages details for requesting Title Documentation
16.3.4 15/11/2016 CML
Transfer of Equity
Bank of Ireland as Bank of Ireland Mortgages requirements for approved lawyers as to whether Bank of Ireland as Bank of Ireland Mortgages need to be sent the Transfer of Equity
6.14.1 30/11/2015 CML
Building Insurance
Bank of Ireland as Bank of Ireland Mortgages approved lawyers additional requirements concerning building insurance
5.14.1 13/10/2015 CML
Leasehold Conveyancing
Bank of Ireland as Bank of Ireland Mortgages approved lawyers leasehold conveyancing requirements : minimum unexpired lease term
5.14.11 08/06/2015 CML
Leasehold Conveyancing
Bank of Ireland as Bank of Ireland Mortgages approved lawyers leasehold conveyancing requirements : acceptability of indemnity insurance where the terms of the lease are unsatisfactory
Defective Lease Indemnity Insurance
5.20.3 07/05/2015 CML
Panels PV Solar
Existence of additional requirements set by Bank of Ireland as Bank of Ireland Mortgages for conveyancing panel lawyers relating to leases of roof space for solar PV panels, and if so, what they are.
6.14.1a 01/12/2014 CML
contact point if property is not insured in accordance with lender requirement

Last update 10/11/2018

FAQs : The Bank of Ireland Mortgages Solicitor Panel from members of the public

My financial adviser has says he needs my lawyer’ panel reference for the Bank of Ireland Mortgages conveyancing panel. Can you suggest how I discover this. I have tried my local Bank of Ireland Mortgages office but they don't know it.
You are best placed to get this information from your conveyancing lawyer. They should have a central record lender panel numbers including the Bank of Ireland Mortgages panel reference.
My solicitor has discovered a discrepancy when comparing the assumptions in Bank of Ireland Mortgages’s valuation survey and what is revealed within the conveyancing documents. My solicitor has advised that as he is on the Bank of Ireland Mortgages conveyancing panel he is obliged to check that the bank is happy with this discrepancy and is still content to lend. Is my lawyer’s course or action legitimate?
A precondition to being on the Bank of Ireland Mortgages approved panel is to comply with the CML Handbook requirements (last updated for this lender on Bank of Ireland Mortgages) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Your search tool is useful but there are many lawyers listed near Coventry on the Bank of Ireland Mortgages conveyancing panel. Can you recommend a specific firm on the conveyancing panel for Bank of Ireland Mortgages ?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
The lawyers that I appointed last week on my house acquisition in London has suddenly closed. I chose them because I needed a solicitor on the Bank of Ireland Mortgages conveyancing panel and my preferred lawyer was not. I paid them £200 on account. What do I do now?
If you have an estate agent involved then inform them immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Bank of Ireland Mortgages conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist
Do conveyancing solicitors on the Bank of Ireland Mortgages conveyancing panel work on a no move no charge basis?
There is generally no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their package
We expect to receive a DIP from Bank of Ireland Mortgages this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Bank of Ireland Mortgages recommend a solicitor on the Bank of Ireland Mortgages conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Bank of Ireland Mortgages conveyancing panel. The solicitor represents both you and the Bank of Ireland Mortgages through the process.
I have had an offer accepted on a apartment I spoke to a solicitor recommended by my uncle and he suggested using a solicitor approved by Bank of Ireland Mortgages. The estate agent recommended two local firms so I asked Bank of Ireland Mortgages if the 2 suggested solicitors are approved, which they are not. Bank of Ireland Mortgages suggested that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Bank of Ireland Mortgages 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Enquire of Bank of Ireland Mortgages for conveyancing panel firms in your area. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Bank of Ireland Mortgages conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Bank of Ireland Mortgages conveyancing panel as it may only take about 2-3 weeks. As long as they meet Bank of Ireland Mortgages’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.