Godiva Mortgages Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and professional indemnity insures. It 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 notifications given on Godiva Mortgages’s changes. While using this technology is not a condition for being on the Godiva Mortgages panel, demonstrating you can remain up to date with Godiva Mortgages’s Handbook requirements is a helpful support to your panel application and, more importantly, safeguard your firm’s panel standing.

The software creates real-time alerts, automatically produces SRA and CQS reports, and will increase your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in a PII saving.

Find a Law Firm approved by Godiva Mortgages

Lenders often change their requirements. The UK Finance Lenders’ Handbook requirements from Godiva Mortgages 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, Godiva Mortgages has made 308 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 8.9 days. In total, 59% of the sections of P2 of the UK Finance Lenders’ Handbook for Godiva Mortgages have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Examples of recent questions relating to the Godiva Mortgages Conveyancing Panel from members of the public

I have just been informed by my financial adviser that my lawyer is not on the Godiva Mortgages Solicitor panel. What can I do to be sure that this is correct?
You need to contact your lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a firm that is on the conveyancing panel for Godiva Mortgages.
My solicitor has uncovered a discrepancy between the surveyor’s assumptions in Godiva Mortgages’s valuation report and what is revealed within the legal papers for the property. My solicitor has advised that as he is on the Godiva Mortgages conveyancing panel he must ensure that the bank is OK with this discrepancy and is still content to lend. Is my solicitor’s approach correct?
A precondition to being on the Godiva Mortgages approved panel is to comply with the CML Handbook requirements (last updated for this lender on Godiva Mortgages) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I require the services of a Godiva Mortgages panel solicitor in Belfast. Can you assist?
It is not clear why you need a Godiva Mortgages panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Godiva Mortgages to find out which solicitors in Godiva Mortgages 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
We're in Birmingham, First timers purchasing with a mortgage (lender is Godiva Mortgages , but our solicitor is on the Godiva Mortgages conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Godiva Mortgages 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 have today made my last payment due on mortgage with Godiva Mortgages. I assume I don't need a solicitor on the Godiva Mortgages panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Godiva Mortgages 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 Godiva Mortgages mortgage from the register. Godiva Mortgages,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 Godiva Mortgages has sent the Land Registry the discharge electronically, and the Godiva Mortgages has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Godiva Mortgages mortgage has been paid off.
I am currently in the process of buying my council flat. I have a mortgage agreed with Godiva Mortgages. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Godiva Mortgages you will need to appoint a solicitor on the Godiva Mortgages conveyancing panel.
I was told four weeks ago that my mortgage has been agreed to by Godiva Mortgages. Is it usual for Godiva Mortgages to only issue the offer once my solicitor is approved on their conveyancing panel?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Godiva Mortgages to deal with your lawyers application to be on the Godiva Mortgages conveyancing panel. There's no guarantee that your solicitors will be accepted.