COMPLETIONmonitor

Lloyds 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 mitigation tool.

This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Lloyds’s changes. Notwithstanding that using the software is not a condition for acceptance on the Lloyds panel, demonstrating you can stay up to date with Lloyds’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in reduced PII premiums.

Book a Lloyds Demo for this Panel Compliance Tool

Mortgage companies often vary 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, frequently:

A Timeline of Policy Changes

Since 2008, Lloyds has made 167 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 16.3 days. In total, 27% 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,

Book a Personalised Demo

Recent Changes Include

#	Date	Assoc.	Changes Related To
17.1.1	30/08/2018	CML	Redemption Statements Contact details at Lloyds TSB Bank plc - C&G mortgages for conveyancing panel lawyers to request redemption statements .
6.7.1	13/08/2018	CML	New Build Conveyancing Lloyds TSB Bank plc - C&G mortgages panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
16.1.1	05/06/2018	CML	Title Documents Lloyds TSB Bank plc - C&G mortgages details for requesting Title Documentation
17.2.1a	15/03/2018	CML	Redemption Payments Where do solicitors and conveyancers send the discharge and repayment remittance in relation to Lloyds TSB Bank plc - C&G mortgages mortgages ?
16.5.3b	16/01/2018	CML	Deed of Rectification Where do solicitors and conveyancers send the deed of rectification in relation to Lloyds TSB Bank plc - C&G mortgages mortgages ?
16.5.3d	16/01/2018	CML	Option Agreements Contact details at Lloyds TSB Bank plc - C&G mortgages for conveyancing panel lawyers to send option agreements .
6.7.1	10/07/2017	CML	New Build Conveyancing Lloyds TSB Bank plc - C&G mortgages approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
5.13.1	26/08/2016	CML	Balance of Monies Contact details at Lloyds TSB Bank plc - C&G mortgages for approved lawyers where borrower is not providing balance of purchase price from funds/proposing to give second charge. Insolvency Act Indemnity Insurance Deed of Gift Indemnity Insurance
5.13.1	23/05/2016	CML	Balance of Monies Contact details at Lloyds TSB Bank plc - C&G mortgages for approved lawyers where borrower is not providing balance of purchase price from funds/proposing to give second charge. Insolvency Act Indemnity Insurance Deed of Gift Indemnity Insurance
6.7.1	09/05/2016	CML	New Build Conveyancing Lloyds TSB Bank plc - C&G mortgages approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes

Last update 07/11/2018