Banks and Clients Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and PI insurers. COMPLETIONmonitor is a unique risk management tool.

This system assists the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Banks and Clients’s changes. Even though using the software is not a prerequisite for Banks and Clients , demonstrating you can stay up to date with Banks and Clients’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, safeguard your panel status.

The software creates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, results in reduced PII premiums.

Book a Banks and Clients Panel Compliance Demo

Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Banks and Clients 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, Banks and Clients has made 1 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 2730.0 days. In total, 0% of the sections of P2 of the UK Finance Lenders’ Handbook for Banks and Clients have been changed since 15/12/2008.

To find out more about lender panel compliance,

Book a Personalised Demo

Recent Changes Include

# Date Assoc. Changes Related To
6.14.1 30/11/2015 CML
Building Insurance
Banks and Clients plc approved lawyers additional requirements concerning building insurance

Last update 06/11/2018

Frequently asked questions relating to the Banks and Clients Conveyancing Panel from members of the public

I am obtaining a mortgage offer from Banks and Clients. I hope to retain the legal services of a Licensed Conveyancer. Does the Banks and Clients Conveyancing panel exclude conveyancers regulated by the CLC
Banks and Clients’s conveyancing panel is, like many other lenders associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
We are approaching an exchange and my mum and dad having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender Banks and Clients. Apparently, being on the Banks and Clients conveyancing panel and acting on their behalf he must inform Banks and Clients if the balance of the mortgage advance is coming from anyone other than me. I informed the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for him to raise this?
Your lawyer is obliged to check with Banks and Clients to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Banks and Clients if you agree, failing which, your lawyer must cease to continue acting.
Whilst your website is a good idea there are many lawyers listed near Leeds on the Banks and Clients conveyancing panel. Can you recommend a specific firm on the Banks and Clients approved panel?
We are not in the business of recommending one firm above another 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..
I am considering applying for a Banks and Clients mortgage for purchase of a newly converted (under development) with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Banks and Clients?
In theory, you could use a solicitor that is not on Banks and Clients conveyancing panel, but Banks and Clients would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
We were going to get a DIP from Banks and Clients this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Banks and Clients recommend a solicitor on the Banks and Clients conveyancing panel, or is it better to go independently
You will need to appoint solicitors independently although you'll need to choose one on the Banks and Clients conveyancing panel. The solicitor represents both you and the Banks and Clients through the process.
It is not clear whether my mortgage offer requires a lease extension . I have called into my local branch Banks and Clients on numerous occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Banks and Clients conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
Your lawyer has to follow the CML Handbook Part 2 requirements for Banks and Clients. Unless your lawyer obtains specific confirmation in writing that Banks and Clients will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Banks and Clients to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
I was told two weeks ago that my mortgage has been agreed to by Banks and Clients. Is it usual for Banks and Clients to only issue the offer once my solicitor is approved on their conveyancing panel?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Banks and Clients to deal with your lawyers application to be on the Banks and Clients conveyancing panel. There's no guarantee that your solicitors will be accepted.