COMPLETIONmonitor

Lloyds Conveyancing Lender Panel Compliance Tool

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

This software facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Lloyds’s changes. While using the tool is not a condition for acceptance on the Lloyds panel, demonstrating you can remain up to date with Lloyds’s Handbook requirements is a helpful support to your panel application and, just as importantly, safeguard your panel standing.

The system creates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for many firms, results in reduced PII premiums.

Find a Law Firm approved by Lloyds

Mortgage companies 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, 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
6.4.4	31/08/2018	CML	Disclosing Incentives Lloyds TSB Bank plc - C&G mortgages panel lawyers additional requirements concerning reporting incentives
17.1.1	30/08/2018	CML	Redemption Statements Contact details at Lloyds TSB Bank plc - C&G mortgages for approved lawyers to request redemption statements .
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 ?
16.5.3a	16/01/2018	CML	Deed of Variation Lloyds TSB Bank plc - C&G mortgages requirements for conveyancing panel lawyers as to whether Lloyds TSB Bank plc - C&G mortgages need to be sent a Deed of Variation
16.5.3c	16/01/2018	CML	Deed of Easement Contact details at Lloyds TSB Bank plc - C&G mortgages for approved lawyers to send the deed of easement .
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 .
5.1.1	24/10/2016	CML	Properties owned for less than 6 months Contact details at Lloyds TSB Bank plc - C&G mortgages for approved lawyers where there is a restriction on use.
7.4	23/05/2016	CML	Occupiers at the Property Contact details at Lloyds TSB Bank plc - C&G mortgages for conveyancing panel conveyancers if doubts about accuracy of information concerning occupation of the property
6.7.1	09/05/2016	CML	New Build Conveyancing Lloyds TSB Bank plc - C&G mortgages panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
5.8.1	11/04/2016	CML	Freehold and leasehold owner of multiple flats Lloyds TSB Bank plc - C&G mortgages panel lawyers clarification as to whether they accept security which comprises a building converted into not more than four flats where the borrower occupies one of those flats and the borrower or another flat owner also owns the freehold of the building and the other flats are subject to long leases?

Last update 21/05/2019