About Lexure Contact us

Bank of Scotland Private Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

Card image cap
How can my firm apply to be on the Bank of Scotland Private Conveyancing Panel?
Check your firm’s panel Status
Card image cap
How can my firm be reinstated onto the Bank of Scotland Private Conveyancing Panel?
Check your firm’s panel Status

COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk mitigation tool.

This software optimises the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Bank of Scotland Private’s changes. Even though using COMPLETIONmonitor is not a prerequisite for Bank of Scotland Private , demonstrating you can remain up to date with Bank of Scotland Private’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, safeguard your panel standing.

COMPLETIONmonitor creates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in a PII saving.

Find a Law Firm approved by Bank of Scotland Private

Mortgage companies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Bank of Scotland Private 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


To find out more about lender panel compliance,
Book a Personalised Demo

Q and A’s regarding the Bank of Scotland Private Conveyancing Panel from members of the public

I am obtaining a offer of a mortgage from Bank of Scotland Private. I would like to instruct a Licensed Conveyancer. Does the Bank of Scotland Private Solicitor panel allow for Licensed Conveyancers
Bank of Scotland Private’s approved solicitor list is, like many other lenders associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
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 Scotland Private. What risks do Bank of Scotland Private expect the insurance to cover?
All property lawyers on the Bank of Scotland Private 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 Scotland Private’s Part 2 requirements of the CML Handbook (last updated on Bank of Scotland Private). Being on the Bank of Scotland Private conveyancing panel your lawyer is expect to follow these requirements.
Are there any apps to help find a local solicitor on the Bank of Scotland Private conveyancing panel? I have a car and am prepared to travel up to 10 miles to meet the lawyer.
Feel free to make use of the find a conveyancing panel search 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 Bank of Scotland Private solicitor panel.
I was scheduled to complete on my flat yesterday. My solicitor is on the Bank of Scotland Private solicitors panel but has changed address in the past couple of months and had not informed Bank of Scotland Private of their new address. Bank of Scotland Private has locked down the release of mortgage funds as the information from the solicitors isn't correct.
This is a rare situation indeed. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Bank of Scotland Private branch or your mortgage broker to see if they can assist.
Do conveyancing solicitors on the Bank of Scotland Private conveyancing panel work on a no sale no fee basis?
In the main there are 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
What are the common reasons for a lender such as Bank of Scotland Private to withdraw a mortgage offer?
Lenders such as Bank of Scotland Private can withdraw their mortgage offer although this rarely happens. should Bank of Scotland Private 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 a number of examples:
  • Many mortgage offers have an expiry date. Your lawyer should check this. Bank of Scotland Private may amend or withdraw an offer before the end of its validation period if an offer extension is requested and following a re-evaluation of the property the value of the security is below a level which is acceptable to them.
  • If the financial circumstances of the borrower have changed to the detriment and the Bank of Scotland Private has been notified
  • Amendments if purchase price adjusted and the loan to value limits exceeded by this. Please note that Bank of Scotland Private conveyancing panel solicitors would be obliged to notify Bank of Scotland Private of a change in the price of the property.
  • A cashback to the buyer, or | part of the price includes a non-cash incentive to the buyer (eg paid stamp duty land tax),or | any indirect incentive (cash or non cash) or rental guarantee, of which the lender was previously unaware
  • Where to proceed with the Mortgage offer would be unlawful
I have a mortgage with Bank of Scotland Private. Conveyancing has been completed months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Bank of Scotland Private?
Your original mortgage agreement with Bank of Scotland Private will provide that you need their approval in advance of renting your property as this is likely to be a breach of Bank of Scotland Private’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Bank of Scotland Private directly. You need not do this via a Bank of Scotland Private conveyancing panel lawyer.