Co operative Bank Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers. It is a unique risk management tool.

This software is the only way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Co operative Bank’s changes. While using the tool is not a prerequisite for Co operative Bank , demonstrating you can remain up to date with Co operative Bank’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your firm’s panel standing.

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

Find a Law Firm approved by Co operative Bank

Banks and building societies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Co operative Bank 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, Co operative Bank has made 598 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 4.6 days. In total, 72% of the sections of P2 of the UK Finance Lenders’ Handbook for Co operative Bank have been changed since 15/12/2008.

To find out more about lender panel compliance,

Book a Personalised Demo

Frequently asked questions relating to the Co operative Bank Solicitor Panel from members of the public

I need to swap lawyers as my lawyer is not on the Co operative Bank panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
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 Co operative Bank will not agree to this. Why was Co operative Bank even consulted?
Your lawyer being on the Co operative Bank conveyancing panel is duty bound to inform Co operative Bank of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Co operative Bank then they would have to discontinue acting for you and Co operative Bank.
Whilst your website is a good idea there are many lawyers listed near Manchester on the Co operative Bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for Co operative Bank ?
We are not in the business of recommending one firm above another as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
I am selling my house. Does my solicitor have to be on the Co operative Bank conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Co operative Bank conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
We have a mortgage agreed in principle with Co operative Bank. Solicitors have been appointed? What is the average time that one could expect to receive a mortgage offer from Co operative Bank?
Some lenders take longer than others. Have Co operative Bank completed the survey? Have you advised Co operative Bank as your lawyers details and checked that your lawyer is on the Co operative Bank conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
My ex -wife’s name is on the Co operative Bank mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Co operative Bank mortgage in order to sell?
In terms of the Co operative Bank mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Co operative Bank in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.
My husband and I are buying a house in Hendon. Conveyancing solicitors in Hendon need to beappointed. My colleagueadvised that we double-check that the conveyancer in Hendon is on the Co operative Bank panel. Is this really necessary?
Not all Hendon conveyancing firms are on the Co operative Bank conveyancing panel. Click here to search for a Hendon conveyancing firm on the on the Co operative Bank panel.