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Better HomeOwnership Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

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How can my firm apply to be on the Better HomeOwnership Conveyancing Panel?
Check your firm’s panel Status
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How can my firm be reinstated onto the Better HomeOwnership Conveyancing Panel?
Check your firm’s panel Status

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.

This system facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with alerts on Better HomeOwnership’s changes. While using the software is not a prerequisite for Better HomeOwnership , demonstrating you can stay up to date with Better HomeOwnership’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, safeguard your firm’s panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, results in reduced PII premiums.

Find a Law Firm approved by Better HomeOwnership

Banks and building societies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Better HomeOwnership 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, Better HomeOwnership has made 2 revisions or additions to sections of their version of the UK Finance Handbook.
That equates to a section change every 1365.0 days. In total, 1% of the sections of P2 of the UK Finance Lenders’ Handbook for Better HomeOwnership have been changed since 15/12/2008.

To find out more about lender panel compliance,
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Better HomeOwnership Conveyancing Panel : Questions and Answers from members of the public

I am getting a mortgage offer from Better HomeOwnership. my intention is to enlist the help of a Licensed Conveyancer. Does the Better HomeOwnership Conveyancing panel exclude Licensed Conveyancers
Better HomeOwnership’s conveyancing panel is, like many other lenders associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
We are only a couple days away from an exchange and my parents 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 Better HomeOwnership. I am advised that, being on the Better HomeOwnership conveyancing panel and acting on their behalf he must inform Better HomeOwnership if the balance of the mortgage advance is not just from me. I disclosed to the bank about my parent’s contribution when I applied for the home loan so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Better HomeOwnership 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 Better HomeOwnership if you agree, failing which, your lawyer must cease to continue acting.
I see that you have a search directory listing firms on the Better HomeOwnership conveyancing panel. Do firms pay you a referral fee if I instruct them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Better HomeOwnership conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am trying to get my ex-husband removed the mortgage deeds. Can Better HomeOwnership really tell me which solicitor I can or can not use?
You can use any solicitor you like but Better HomeOwnership then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Better HomeOwnership solicitors panel
Last month we had a mortgage agreed in principle with Better HomeOwnership. Solicitors have been appointed? What is the average time that one could expect to receive a mortgage offer from Better HomeOwnership?
Some lenders take longer than others. Have Better HomeOwnership completed the valuation? Have you advised Better HomeOwnership as your lawyers details and checked that your lawyer is on the Better HomeOwnership conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
We expect to receive a DIP from Better HomeOwnership 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 Better HomeOwnership recommend a solicitor on the Better HomeOwnership 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 Better HomeOwnership conveyancing panel. The solicitor represents both you and the Better HomeOwnership through the process.
We have agreed a price on a flat I spoke to a solicitor recommended by my brother and he suggested retaining a law firm approved by Better HomeOwnership. The estate agent recommended two local firms so I asked Better HomeOwnership if the 2 suggested solicitors are approved, which they are not. Better HomeOwnership suggested that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Better HomeOwnership 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Better HomeOwnership to suggest a law firm in your location. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the Better HomeOwnership 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 Better HomeOwnership conveyancing panel as it may only take about 2-3 weeks. As long as they meet Better HomeOwnership’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.

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