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 PI insurers. It is a unique risk mitigation tool.

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

The software generates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to reduced PII premiums.

Find a Law Firm approved by Bank of Ireland Mortgages

Mortgage companies often vary 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 approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
1.15 18/11/2016 CML
General Mortgage Instructions
Can the panel 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?
6.10.2 18/11/2016 CML
Conveyancing : retenions by mortgage company
Bank of Ireland as Bank of Ireland Mortgages clarification to panel lawyers clarification as to who they release retentions (or instalments of the advance) to
14.2.1 15/11/2016 CML
Post Completion Conveyancing
Where should approved lawyersfor Bank of Ireland as Bank of Ireland Mortgages send the title deeds and documents following completion?
17.2.1a 15/11/2016 CML
Redemption Payments
Where do solicitors and conveyancers send the discharge and repayment remittance in relation to Bank of Ireland as Bank of Ireland Mortgages mortgages ?
6.7.1 21/10/2016 CML
New Build Conveyancing
Bank of Ireland as Bank of Ireland Mortgages panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
5.8.5 21/10/2016 CML
Leasehold Conveyancing : Freehold Reversion
Bank of Ireland as Bank of Ireland Mortgages panel lawyers clarification as to whether they accept security which comprises one of two leasehold flats in a building where the borrower also owns the freehold reversion of the other flat and the other leaseholder owns the freehold reversion in the borrower's flat? If so, are there any specific requirements??
5.5.1a 01/12/2014 CML
requirements in terms of time for planning consents
5.5.1b 01/12/2014 CML
conveyancing requirements in terms of time for building regulation consents
6.14.3 01/12/2014 CML
notification of non-renewal/cancellation for buildings insurance policy

Last update 25/03/2019

Frequently asked questions relating to the Bank of Ireland Mortgages Conveyancing Panel from members of the public

Am I correct in assuming that the fact that my conveyancer is not identified on the Bank of Ireland Mortgages Conveyancing panel that there is a problem with the quality of the firm’s work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for Bank of Ireland Mortgages.
Expecting to complete my purchase next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as he informs me that he is duty bound to validate that it is in order for Bank of Ireland Mortgages. What does the insurance need to cover?
All property lawyers on the Bank of Ireland Mortgages conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Bank of Ireland Mortgages’s Part 2 requirements of the CML Handbook (last updated on Bank of Ireland Mortgages). Being on the Bank of Ireland Mortgages conveyancing panel your lawyer is expect to follow these instructions.
I require the services of a Bank of Ireland Mortgages panel solicitor in Inverness. Could you help me?
Unfortunately it’s not apparent why you need a Bank of Ireland Mortgages panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Bank of Ireland Mortgages to find out which solicitors in Bank of Ireland Mortgages are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
I am buying a terraced house and getting a mortgage with Bank of Ireland Mortgages. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Bank of Ireland Mortgages 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 Bank of Ireland Mortgages conveyancing panel in your location.
Hi, thinking about buying a house off my mate. Once we agree a price, what’s the best way to proceed? I hope to get a mortgage with Bank of Ireland Mortgages. Is it possible to avoid using solicitors to save on the costs? My dad reckons back in the day he did a lot of it himself, just went into the land registry office and providing them with the info they needed himself
If you are getting a mortgage with Bank of Ireland Mortgages involved you will need to appoint a solicitor on the Bank of Ireland Mortgages conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Bank of Ireland Mortgages. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Bank of Ireland Mortgages conveyancing panel.
I am about to exchange contracts on a purchase with a mortgage from Bank of Ireland Mortgages. The report from my solicitor mentions that Bank of Ireland Mortgages could withdraw their offer before completion. Is this right?
Lenders such as Bank of Ireland Mortgages can revoke their mortgage offer although this is unusual. In the unlikely event that Bank of Ireland Mortgages withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are various possible reasons but here are 5 examples:
  • Amendments if purchase price adjusted and the loan to value limits exceeded by this. Please note that Bank of Ireland Mortgages conveyancing panel solicitors would be obliged to notify Bank of Ireland Mortgages of a change in the price of the property.
  • Where the purchase price and borrowers direct contribution differ to details on the mortgage application form completed by the borrower
  • Where the lender is on notice of a restriction or a right of pre-emption which is not at market value
  • If the lender reasonably suspects that the applicant, borrower, mortgagor or guarantor is involved in any criminal or fraudulent activity, including trading in illegal drugs or other substances, theft, robbery, deception or other serious offences, or if the applicant borrower, mortgagor or guarantor has a conviction for any serious criminal offence, including theft, deception, fraud, robbery or trade in illegal drugs or other substances;
  • If the solicitor on the Bank of Ireland Mortgages conveyancing panel acting for the applicant, borrower, mortgagor or guarantor cannot comply with Bank of Ireland Mortgages ‘s instructions
Completion of my purchase has taken place with a mortgage from Bank of Ireland Mortgages. Conveyancing was of an acceptable standard but I would like to complain about Bank of Ireland Mortgages. How does one go about formally complaining?
All lenders have complaints procedures. Your first point of contact should be one of the Bank of Ireland Mortgages branches or the Customer Care Team at Bank of Ireland Mortgages head office. In most cases complaints to Bank of Ireland Mortgages are sorted out very quickly. If you feel that the matter is not resolved you can write to the Financial Ombudsman Service with full details of your complaint.