Lloyds Conveyancing Lender Panel Compliance Tool
COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and professional indemnity insures. It is a unique risk mitigation tool.
This system optimises the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Lloyds’s changes. While utilising COMPLETIONmonitor is not a prerequisite for Lloyds , demonstrating you can stay up to date with Lloyds’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your firm’s panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, results in reduced PII premiums.
Book a Lloyds Demo for this Panel Compliance Tool
Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from Lloyds 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, Lloyds has made 223
revisions or additions to sections of their version of the CML
Handbook.
That equates to a section change every 12.2 days.
In total, 33% of the sections of P2 of the UK Finance Lenders’ Handbook for Lloyds have been changed since 15/12/2008.
To find out more about lender panel compliance,
Recent Changes Include
| # | Date | Assoc. | Changes Related To |
| 6.7.1 | 13/08/2018 | CML | |
| 1.11a | 05/06/2018 | CML | |
| 6.7.1 | 07/03/2018 | CML | |
| 16.5.3a | 16/01/2018 | CML | |
| 6.7.1 | 10/07/2017 | CML | |
| 6.7.1 | 21/11/2016 | CML | |
| 5.13.1 | 26/08/2016 | CML | Insolvency Act Indemnity Insurance Deed of Gift Indemnity Insurance |
| 10.2a | 23/05/2016 | CML | |
| 10.2b | 23/05/2016 | CML | |
| 10.7 | 23/05/2016 | CML |
Last update 05/11/2018
