Bluestone Mortgages Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers. COMPLETIONmonitor is a unique risk management 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 Bluestone Mortgages’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a prerequisite for Bluestone Mortgages , demonstrating you can remain up to date with Bluestone Mortgages’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your panel standing.

COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, leads to reduced PII premiums.

Find a Law Firm approved by Bluestone Mortgages

Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Bluestone Mortgages 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, Bluestone Mortgages has made 248 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 11.0 days. In total, 59% of the sections of P2 of the UK Finance Lenders’ Handbook for Bluestone Mortgages 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
6.7.1 26/09/2019 CML
16.3.7a 21/10/2015 CML
16.3.7b 21/10/2015 CML
17.2.1a 21/10/2015 CML
4.1 21/10/2015 CML
5.15.2d 21/10/2015 CML
6.6.2 21/10/2015 CML
6.7.3 21/10/2015 CML
6.7.4 21/10/2015 CML
5.8.5 21/10/2015 CML

Last update 14/11/2019

Bluestone Mortgages Conveyancing Panel Recently Asked Questions from members of the public

We are hoping to buy a 2 bedroom apartment in Newcastle with a mortgage from Bluestone Mortgages. We would like to retain our lawyer but Bluestone Mortgages says he's not on their "panel". We have to appoint one of the Bluestone Mortgages panel firms or keep our solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the Bluestone Mortgages conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Bluestone Mortgages
My solicitor has discovered a discrepancy when comparing the information in Bluestone Mortgages’s valuation report and what is in the conveyancing documents. My solicitor says that as he is on the Bluestone Mortgages conveyancing panel he is duty bound to check that the lender is happy with this discrepancy and is content go ahead. Is my conveyancer’s approach right?
A precondition to being on the Bluestone Mortgages approved panel is to comply with the CML Handbook requirements (last updated for this lender on Bluestone 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 both parties.
I am looking for conveyancing quotes online. Can I be confident that all the firms that are listed on your directory are on the Bluestone Mortgages conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the Bluestone Mortgages panel and agreed to advise us to take down their listing in the event of removal off of the Bluestone Mortgages panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Bluestone Mortgages conveyancing panel is not accurate.
I am in the process of remortgaging my apartment does my lawyer need to be on the Bluestone Mortgages Solicitor panel?
There is nothing to stop you using your solicitor but Bluestone Mortgages will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to move forward? I plan to obtain a mortgage with Bluestone Mortgages. Is there anyway to cut out the 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 Bluestone Mortgages involved you will need to appoint a solicitor on the Bluestone 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 Bluestone Mortgages. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Bluestone Mortgages conveyancing panel.
I recently had an offer accepted on a house. My financial adviser suggested a solicitor I paid an upfront payment of 175. Soon after the conveyancers contacted me sheepishly admitting that they were not on the Bluestone Mortgages conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Bluestone Mortgages panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Bluestone Mortgages have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Bluestone Mortgages or your broker and complete any relevant paperwork. Bluestone Mortgages will tell you what documents they want. Bluestone Mortgages will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Bluestone Mortgages will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.