Lloyds Conveyancing Lender Panel Compliance Tool
COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers such as AmTrust. It is a unique risk management tool.
This system is the only way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Lloyds’s changes. Notwithstanding that using COMPLETIONmonitor is not a prerequisite for Lloyds , demonstrating you can remain up to date with Lloyds’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your panel status.
The software generates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to reduced PII premiums.
Find a Law Firm approved by Lloyds
Lenders frequently 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 169
revisions or additions to sections of their version of the CML
Handbook.
That equates to a section change every 16.2 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,
Recent Changes Include
| # | Date | Assoc. | Changes Related To |
| 6.7.1 | 21/06/2019 | CML | |
| 6.4.4 | 31/08/2018 | CML | |
| 17.1.1 | 30/08/2018 | CML | |
| 16.1.1 | 05/06/2018 | CML | |
| 17.2.1a | 15/03/2018 | CML | |
| 6.7.1 | 07/03/2018 | CML | |
| 16.5.3b | 16/01/2018 | CML | |
| 6.7.1 | 10/07/2017 | CML | |
| 5.1.1 | 24/10/2016 | CML | |
| 6.7.1 | 09/05/2016 | CML |
Last update 17/11/2019
