Bradford & Bingley Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers. It is a unique risk mitigation tool.

This system is the only way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Bradford & Bingley’s changes. While using COMPLETIONmonitor is not a prerequisite for Bradford & Bingley , demonstrating you can stay up to date with Bradford & Bingley’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, results in a PII saving.

Find a Law Firm approved by Bradford & Bingley

Banks and building societies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Bradford & Bingley 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, Bradford & Bingley has made 140 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 19.5 days. In total, 37% of the sections of P2 of the UK Finance Lenders’ Handbook for Bradford & Bingley 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
6.14.1d 01/12/2014 CML
16.5.2 30/06/2014 CML
16.5.3d 30/06/2014 CML
16.3.7a 01/12/2010 CML
16.5.3c 01/12/2010 CML
4.1 01/12/2010 CML
5.1.1 01/12/2010 CML
5.5.1b 01/12/2010 CML
6.13.1 01/12/2010 CML
6.6.4 01/12/2010 CML

Last update 06/01/2019

Q and A’s regarding the Bradford & Bingley Conveyancing Panel from members of the public

What is the rationale as to why all property lawyers aren't included on the Bradford & Bingley Conveyancing panel?
Bradford & Bingley and other banks normally imposes restrictions either the type or the number of conveyancing firms on their approved list of lawyers. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that Bradford & Bingley have no responsibility for the quality of advice provided by any member of Bradford & Bingley Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, Conveyancing is not their speciality? To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime; probably not.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Bradford & Bingley will not agree to this. Why was Bradford & Bingley even consulted?
Your lawyer being on the Bradford & Bingley conveyancing panel is duty bound to inform Bradford & Bingley of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Bradford & Bingley then they would have to discontinue acting for you and Bradford & Bingley.
I am buying a property and need a conveyancing solicitor in Birmingham who is on the Bradford & Bingley conveyancing. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Bradford & Bingley . We don’t recommend any particular firm.
I am buying a semi-detached house and getting a mortgage with Bradford & Bingley. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Bradford & Bingley 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 Bradford & Bingley conveyancing panel in your location.
Is there a list of Bradford & Bingley panel conveyancers on the Building Society Association’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
Last month we had a mortgage agreed in principle with Bradford & Bingley. Solicitors have been appointed? How long does it take for Bradford & Bingley to send the offer to our conveyancer
Some lenders take longer than others. Have Bradford & Bingley completed the survey? Have you advised Bradford & Bingley as your lawyers details and checked that your lawyer is on the Bradford & Bingley conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I am currently in the process of buying my council flat. I have a mortgage agreed with Bradford & Bingley. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Bradford & Bingley you will need to appoint a solicitor on the Bradford & Bingley conveyancing panel.