Coventry Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.

This system assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Coventry Building Society’s changes. Notwithstanding that using this technology is not a prerequisite for Coventry Building Society , demonstrating you can remain up to date with Coventry Building Society’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your panel status.

The system creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, leads to a PII saving.

Find a Law Firm approved by Coventry Building Society

Mortgage companies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Coventry Building Society 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, Coventry Building Society has made 265 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 10.3 days. In total, 50% of the sections of P2 of the UK Finance Lenders’ Handbook for Coventry Building Society have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
16.4.2 11/04/2019 CML
Tenancy Agreements
Does Coventry Building Society need to be sent a copy of the proposed tenancy?
17.1.1 10/04/2019 CML
Redemption Statements
Contact details at Coventry Building Society for approved lawyers to request redemption statements .
6.5.1 07/03/2019 CML
Vacant Possession on Completion
Contact details at Coventry Building Society for approved lawyers were vacant possession is not being given.
6.6.1 07/03/2019 CML
Buy to Let Conveyancing
Contact details at Coventry Building Society for conveyancing panel lawyers were the subject property is let/to be let and to check Coventry Building Society lend on buy-to-let.
5.1.1 26/02/2019 CML
Properties owned for less than 6 months
Contact details at Coventry Building Society for approved lawyers where there is a restriction on use.
3.1.3 16/01/2019 CML
Conveyancing Solicitors Details for Sellers
Do Coventry Building Society require notification form their panel lawyer of the name and address of the solicitors firm or licensed conveyancers firm acting for the seller?
6.7.1 16/05/2018 CML
New Build Conveyancing
Coventry Building Society approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
6.7.1 23/03/2018 CML
New Build Conveyancing
Coventry Building Society approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
6.4.4 05/07/2017 CML
Disclosing Incentives
Coventry Building Society panel lawyers additional requirements concerning reporting incentives
6.7.1 25/05/2017 CML
New Build Conveyancing
Coventry Building Society approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes

Last update 17/05/2019

Examples of recent questions relating to the Coventry Building Society Solicitor Panel from members of the public

Much to my surprise I have been told by my broker that my lawyer is not on the Coventry Building Society Conveyancing panel. What can I do to check?
You need to contact your lawyer directly. You lawyer should advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for Coventry Building Society.
I am due to complete my purchase next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in has capacity as lawyer for Coventry Building Society. What does the insurance need to cover?
Any lawyer on the Coventry Building Society conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Coventry Building Society’s Part 2 requirements of the CML Handbook (last updated on Coventry Building Society). Being on the Coventry Building Society conveyancing panel your lawyer is expect to follow these instructions.
Whilst your website is a good idea there are many lawyers listed near Hackney on the Coventry Building Society conveyancing panel. Can you recommend a specific firm on the Coventry Building Society approved panel?
We do not recommend specific firms 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..
We're in Birmingham, First timers buying with a mortgage (lender is Coventry Building Society , but our lawyer is on the Coventry Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Coventry Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
I previously instructed online solicitors located in Manchester who are on the Coventry Building Society solicitor panel. They are now charging me a separate fee of £135 for dealing with the Coventry Building Society mortgage. Is this an additional conveyancing fee specified by Coventry Building Society?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Coventry Building Society but by your lawyers. Some firms on the Coventry Building Society will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
We have a mortgage agreed in principle with Coventry Building Society. Solicitors have been instructed? How long does it take for Coventry Building Society to send the offer to our conveyancer
There is no definitive answer here. Have Coventry Building Society done the survey? Have you advised Coventry Building Society as your lawyers details and checked that your lawyer is on the Coventry Building Society conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
Hi, thinking about buying a house off my mate. Once we agree a price, what’s the best way to proceed? I plan to obtain a mortgage with Coventry Building Society. Is it possible to avoid using solicitors to save us both money? My dad reckons back in the day he did a lot of it himself, just went into the land registry office and providing them with the info they needed himself
If you are getting a mortgage with Coventry Building Society involved you will need to appoint a solicitor on the Coventry Building Society conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Coventry Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Coventry Building Society conveyancing panel.