Intelligent Finance 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 PI insurers. COMPLETIONmonitor is a unique risk management tool.

This system is the only way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Intelligent Finance’s changes. Even though utilising the tool is not a condition for acceptance on the Intelligent Finance panel, demonstrating you can stay up to date with Intelligent Finance’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, protect your panel standing.

The software creates real-time alerts, automatically produces SRA and CQS reports, and will improve 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 Intelligent Finance

Lenders frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Intelligent Finance 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, Intelligent Finance has made 221 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 12.4 days. In total, 41% of the sections of P2 of the UK Finance Lenders’ Handbook for Intelligent Finance have been changed since 15/12/2008.

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Recent Changes Include

# Date Assoc. Changes Related To
1.11a 18/02/2016 CML
General Mortgage Instructions
Contact details at Intelligent Finance for conveyancing panel lawyers to obtain mortgage documentation
16.5.3c 18/02/2016 CML
Deed of Easement
Contact details at Intelligent Finance for approved lawyers to send the deed of easement .
17.2.1a 18/02/2016 CML
Redemption Payments
Where do solicitors and conveyancers send the discharge and repayment remittance in relation to Intelligent Finance mortgages ?
4.3 18/02/2016 CML
Mortage valuation
Contact details at Intelligent Finance for approved lawyers where assumptions stated by the valuer are incorrect
5.5.3a 18/02/2016 CML
Planning Permission and Building Regulations : Breaches
Contact details at Intelligent Finance for conveyancing panel lawyers where there evidence of breach and all outstanding conditions will not be satisfied by completion
Lack of Planning Permission Indemnity Insurance
6.12.1 18/02/2016 CML
Pre-emption Rights, Options and Pre-emption Rights
Contact details at Intelligent Finance for conveyancing panel lawyers to used where Intelligent Finance needs to be notified where property is affected by pre-emption rights, resale restrictions, options etc .
6.2.1 18/02/2016 CML
Property Description
Contact details at Intelligent Finance for approved lawyers to used where there are any discrepancies in property's description.
6.6.4 18/02/2016 CML
Houses in Multipe Occupation
Intelligent Finance approved conveyancer requirements where the property comes within the definition of a house in multiple occupation
6.14.1 30/11/2015 CML
Building Insurance
Intelligent Finance approved lawyers additional requirements concerning building insurance
6.14.2 01/12/2014 CML
requirement that all insurance risks are included

Last update 17/05/2019

Intelligent Finance Conveyancing Panel Example Support Desk Enquires from members of the public

My mortgage broker has says he needs my solicitor’s panel reference for the Intelligent Finance conveyancing panel. What is the best way to discover this. I have tried my local Intelligent Finance office but they cant find it on their system.
the sensible thing to do is ask for this information from your solicitor. They should have a central record lender panel numbers including the Intelligent Finance panel reference.
My wife and I intend to remortgage our flat with Intelligent Finance. We have a son approaching twenty who lives with us. The solicitor on the Intelligent Finance conveyancing panel requested us to identify any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the flat is forfeited by the lender. I have two questions (1) Is this form unique to the Intelligent Finance conveyancing panel as he never had to sign this form when we remortgaged 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong 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 Intelligent Finance .This is solely used to protect the Intelligent Finance 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 Intelligent Finance 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.

Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Intelligent Finance conveyancing panel. My lawyer has said that they are on the Intelligent Finance approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Intelligent Finance conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Intelligent Finance solicitor panel.
I am selling my house. Does my solicitor have to be on the Intelligent Finance conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Intelligent Finance conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
Can you point me to a directory of Intelligent Finance panel conveyancers on the CML Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
We have a mortgage agreed in principle with Intelligent Finance. Solicitors have been instructed? How long does it take for Intelligent Finance to send the offer to our conveyancer
Some lenders take longer than others. Have Intelligent Finance done the valuation? Have you advised Intelligent Finance as your lawyers details and checked that your lawyer is on the Intelligent Finance conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I have instructed a lawyer having made sure that they are on the Intelligent Finance conveyancing panel. Does my lawyer arrange the survey of the property? Or I've read lots of mortgage guides,I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my solicitor - who is on the Intelligent Finance conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Intelligent Finance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Intelligent Finance will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller. or Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Intelligent Finance you could contact your them to see if they have a list of approved surveyors.