Family Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.

This software facilitates the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with automatic updates on Family Building Society’s changes. Even though using the tool is not a prerequisite for Family Building Society , demonstrating you can stay up to date with Family Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your panel status.

The software generates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to a PII saving.

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Banks and building societies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Family 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, Family Building Society has made 30 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 91.0 days. In total, 14% of the sections of P2 of the UK Finance Lenders’ Handbook for Family 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
6.7.1 01/03/2017 CML
New Build Conveyancing
Family Building Society panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
12.3.1 21/03/2016 CML
Instalment Mortgages
Do Family Building Society have a specific contact point for their conveyancing panel for release of retentions/mortgage advance instalments?
16.5.2 21/03/2016 CML
Deed of Variation
Contact details at Family Building Society for approved lawyers for confirming proposed deed of variation or agreement will not adversely affect Family Building Society
6.14.1 30/11/2015 CML
Building Insurance
Family Building Society approved lawyers additional requirements concerning building insurance
3.1.4 01/12/2014 CML
details of the seller's solicitors or licensed conveyancers
3.1.6 01/12/2014 CML
verification of identity
5.5.1b 01/12/2014 CML
conveyancing requirements in terms of time for building regulation consents
6.14.1b 01/12/2014 CML
buildings insurance in joint names or lender interest noted
6.14.2 01/12/2014 CML
requirement that all insurance risks are included
3.1.5 01/12/2014 CML
ID Documentation
Family Building Society panel lawyers requirements re ID Documentation: Further acceptable documents (if any)

Last update 07/11/2018

Q and A’s regarding the Family Building Society Conveyancing Panel from members of the public

A lawyer my fiance and I wanted to use for conveyancing on a remortgage said he will levy higher legal fees if my lender is due to their unusual legal requirements. Will I regret using Family Building Society? Any comments will be appreciated
Family Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders. It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender. It is not clear if your lawyer is on the Family Building Society conveyancing panel. If they are not, this does add further risk of delay as Family Building Society will appoint their own solicitors to look after their interest.
My fiance and I are refinancing our flat with Family Building Society. We have a son approaching twenty who lives with us. The solicitor on the Family Building Society conveyancing panel has asked us to disclose any adults other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the apartment is forfeited by the lender. I have a couple of questions (1) Is this document specific to the Family Building Society conveyancing panel as he never had to sign this form when we bought 4 years ago (2) Does our son by signing this giving up his rights to inherit the property?
First, rest assured that your Family Building Society conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Family Building Society .This is solely used to protect the Family Building Society if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.

It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Family Building Society had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

I need to find a Family Building Society panel solicitor in Stirling. Could you help me?
Unfortunately it’s not apparent why you need a Family 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 Family Building Society to find out which solicitors in Family 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-wife removed the mortgage deeds. Can Family Building Society really tell me which solicitor I can or can not use?
You can use any solicitor you like but Family 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 Family Building Society solicitors panel
My wife and I have arranged a further advance on our mortgage from Family Building Society as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Family Building Society conveyancing panel to deal with the legals?
Family Building Society would not normally appoint firms on their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Family Building Society list
Two weeks ago we had a mortgage agreed in principle with Family Building Society. Solicitors have been appointed? How long does it take for Family Building Society to send the offer to our conveyancer
Some lenders take longer than others. Have Family Building Society completed the valuation? Have you advised Family Building Society as your lawyers details and checked that your lawyer is on the Family Building Society conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I'm in the process of looking at houses and am about to put in an offer. Is it premature to have a solicitor in place? I intend to finance via a mortgage with Family Building Society
It would be sensible to have your start your search soon rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Family Building Society , ask your prospective lawyers check they are on the Family Building Society conveyancing panel otherwise they can't do the mortgage legal work.