Fleet Mortgages Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and professional indemnity insures. COMPLETIONmonitor is a unique risk management tool.

This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Fleet Mortgages’s changes. Notwithstanding that using this technology is not a prerequisite for Fleet Mortgages , demonstrating you can stay up to date with Fleet Mortgages’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your panel status.

COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in a PII saving.

Find a Law Firm approved by Fleet Mortgages

Banks and building societies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Fleet Mortgages 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, Fleet Mortgages has made 56 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 48.8 days. In total, 18% of the sections of P2 of the UK Finance Lenders’ Handbook for Fleet Mortgages 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
6.4.4 17/04/2018 CML
14.2.2 20/07/2017 CML
16.5.2 20/07/2017 CML
17.1.1 20/07/2017 CML
5.8.5 20/07/2017 CML
5.5.3b 29/04/2016 CML Lack of Planning Permission Indemnity Insurance
6.6.4 29/04/2016 CML
1.11b 30/06/2015 CML
5.14.1 23/04/2015 CML
5.5.3b 09/03/2015 CML Lack of Planning Permission Indemnity Insurance

Last update 10/11/2019

FAQs : The Fleet Mortgages Solicitor Panel from members of the public

My husband and I are hoping to buy a 1 bedroom apartment in Newcastle with a mortgage from Fleet Mortgages. We have a solicitor but Fleet Mortgages says she’s not on their "panel". We have to appoint one of the Fleet Mortgages panel firms or keep our solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the Fleet Mortgages conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Fleet Mortgages
Please assist. My lawyer is not to blame but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Fleet Mortgages was date stamped random date and we have agreed a date for me to move into the property on Tues etc. My lawyer informs me that as she is on the Fleet Mortgages conveyancing panel she needs to reorder the searches as they are no longer acceptable to the lender.
One of the many conditions to being on the Fleet Mortgages approved panel is to comply with the CML Handbook requirements (last updated for this lender on Fleet Mortgages)which states that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Fleet Mortgages.
I am purchasing a house and need a conveyancing solicitor in who is on the Fleet Mortgages conveyancing. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Fleet Mortgages . We don’t recommend any particular firm.
I am buying a right to buy flat and getting a mortgage with Fleet Mortgages. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Fleet Mortgages conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Fleet Mortgages conveyancing panel in your location.
Can I be sure that the solicitor on the Fleet Mortgages panel is any good?
seeking recommendations is a sensible start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer carrying out your transaction
We are getting a further advance on our mortgage from Fleet Mortgages as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Fleet Mortgages conveyancing panel to deal with the paperwork?
Fleet Mortgages would not normally instruct a member of 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 Fleet Mortgages panel
I have a mortgage with Fleet Mortgages. Conveyancing has been completed some time ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Fleet Mortgages?
You must advise Fleet Mortgages before renting your property as this is likely to be a breach of Fleet Mortgages’s mortgage conditions. It may be that Fleet Mortgages will allow you to rent 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 Fleet Mortgages directly. It should not be necessary to do this via a Fleet Mortgages conveyancing panel firm.