Earl Shilton Building Society 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 management tool.

This system optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Earl Shilton Building Society’s changes. Even though using COMPLETIONmonitor is not a condition for acceptance on the Earl Shilton Building Society panel, demonstrating you can remain up to date with Earl Shilton Building Society’s Handbook requirements is an excellent support to your panel application and, just as importantly, protect your panel status.

The software generates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, results in reduced PII premiums.

Find a Law Firm approved by Earl Shilton Building Society

Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Earl Shilton 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, Earl Shilton Building Society has made 158 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 17.3 days. In total, 70% of the sections of P2 of the UK Finance Lenders’ Handbook for Earl Shilton 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
6.7.3 04/02/2014 CML
6.7.6 04/02/2014 CML
10.3 01/12/2010 CML
1.14 01/12/2010 CML
16.3.7b 01/12/2010 CML
3.2.4 01/12/2010 CML
5.14.15a 01/12/2010 CML Absentee Landlord Indemnity Insurance
5.15.2a 01/12/2010 CML
5.17.5a 01/12/2010 CML
5.4.6 01/12/2010 CML Local Search Indemnity Insurance

Last update 14/01/2019

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

My partner and I are FTBs. Within the last couple of days our lawyer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Earl Shilton Building Society have this evening contacted us to advise us that they have now hit a problem as our conveyancer is not on their conveyancing panel. What do we do from here?
When purchasing a property with the benefit of a mortgage it is usual for the purchaser's solicitors to also act for the purchaser's lender.

In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyers should contact Earl Shilton Building Society and see if they can apply for membership of the Earl Shilton Building Society conveyancing panel, but if that is not viable Earl Shilton Building Society will instruct their own solicitors to act. You don't have to instruct a firm on the Earl Shilton Building Society conveyancing panel and you may continue to use your own solicitors, in which case it will likely add costs, and it may delay matters as you have another set of people involved.

We are approaching an exchange and my parents having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender Earl Shilton Building Society. Apparently, being on the Earl Shilton Building Society conveyancing panel and acting on their behalf he must inform Earl Shilton Building Society if the balance of the mortgage advance is not just from me. I informed the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for him to raise this?
Your lawyer is obliged to check with Earl Shilton Building Society to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Earl Shilton Building Society if you agree, failing which, your lawyer must cease to continue acting.
I require the services of a Earl Shilton Building Society panel solicitor in Stirling. Can you assist?
Unfortunately it’s not apparent why you need a Earl Shilton Building Society panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Earl Shilton Building Society to find out which solicitors in Earl Shilton Building Society are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
I am attempting to get my ex-husband taken off the mortgage deeds. Can Earl Shilton Building Society really insist on which solicitor I can or can not retain?
You can use any solicitor you like but Earl Shilton Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Earl Shilton Building Society solicitors panel
Is it common for Earl Shilton Building Society to withdraw a mortgage offer and what would be the reasoning?
Banks and Building Societies such as Earl Shilton Building Society can revoke their mortgage offer although this rarely happens. should Earl Shilton Building Society withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are many potential reasons but here are 5 examples:
  • Earl Shilton Building Society may amend or withdraw an offer if the Earl Shilton Building Society conveyancing panel solicitor is unable to confirm compliance with any of the conditions of the mortgage offer or if any of the terms of the mortgage offer cannot be satisfied
  • If the borrower informs Earl Shilton Building Society of a change in security address
  • Where to proceed with the Mortgage offer would be unlawful
  • Where the sale is not at arms length for value to unconnected persons
  • Where the lender is on notice of a restriction or a right of pre-emption which is not at market value
I have today made my last payment due on mortgage with Earl Shilton Building Society. I assume I don't need a solicitor on the Earl Shilton Building Society panel to remove the mortgage at the Land Registry. Please confirm
If you have finished paying off your Earl Shilton Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Earl Shilton Building Society mortgage from the register. Earl Shilton Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Earl Shilton Building Society has sent the Land Registry the discharge electronically, and the Earl Shilton Building Society has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Earl Shilton Building Society mortgage has been paid off.
I have a mortgage with Earl Shilton Building Society. Conveyancing was finalised some time ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Earl Shilton Building Society?
Earl Shilton Building Society must be informed of your intention in advance of letting out your property as this is likely to be a breach of Earl Shilton Building Society’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Earl Shilton Building Society directly. It should not be necessary to do this via a Earl Shilton Building Society conveyancing panel lawyer.