ITL Mortgages Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online 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 mitigation tool.

This software assists the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on ITL Mortgages’s changes. Even though using this technology is not a condition for being on the ITL Mortgages panel, demonstrating you can remain up to date with ITL Mortgages’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your panel status.

COMPLETIONmonitor creates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, results in reduced PII premiums.

Find a Law Firm approved by ITL Mortgages

Banks and building societies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from ITL 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, ITL Mortgages has made 261 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 10.5 days. In total, 51% of the sections of P2 of the UK Finance Lenders’ Handbook for ITL Mortgages have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Frequently asked questions relating to the ITL Mortgages Solicitor Panel from members of the public

My Conveyancer is not listed on the ITL Mortgages Solicitor Panel. Is it possible for me to continue with my family solicitor even though they are excluded from the ITL Mortgages panel?
You will need to have a conveyancer complete the legal work required when you take out a ITL Mortgages mortgage to buy your property. They’ll carry out all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is in place. You can instruct a conveyancing firm of your choice. However, if the firm selected is not a member of the ITL Mortgages conveyancing panel additional costs will be incurred as separate legal representation will be required by ITL Mortgages. Conveyancing panel applications can be submitted, so if your conveyancer has not previously applied for membership they can do so.
Our conveyancing solicitor is asking me for personal identification documents stating that this is part of his obligations as a conveyancer on the ITL Mortgages Conveyancing panel. Can you confirm whether this is the case?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with ITL Mortgages your lawyer also has to check ID documents to satisfy ITL Mortgages
Your search tool is useful but there are many lawyers listed near London on the ITL Mortgages conveyancing panel. Can you recommend a specific firm on the conveyancing panel for ITL Mortgages ?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
We're in Liverpool, First time buyers buying with a mortgage (lender is ITL Mortgages , but our lawyer is on the ITL Mortgages conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the ITL 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
Can I be sure that the solicitor on the ITL Mortgages panel is any good?
seeking recommendations is a good 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 advise that you speak with the lawyer conducting your conveyancing
We were going to get a DIP from ITL Mortgages this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the ITL Mortgages recommend a solicitor on the ITL Mortgages conveyancing panel, or is it better to go independently
You will need to appoint solicitors independently although you'll need to choose one on the ITL Mortgages conveyancing panel. The solicitor represents both you and the ITL Mortgages through the process.
After shopping around on the internet I have found a solicitor having made sure that they are on the ITL Mortgages 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 ITL Mortgages conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
ITL Mortgages will need an independent valuation of the property. Your lawyer will not arrange this. Usually ITL Mortgages 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 ITL Mortgages you could contact your them to see if they have a list of approved surveyors.