Keystone Property Finance 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 PI insurers such as AmTrust. It is a unique risk mitigation tool.

This system optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with alerts on Keystone Property Finance’s changes. While utilising the software is not a prerequisite for Keystone Property Finance , demonstrating you can remain up to date with Keystone Property Finance’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, safeguard your firm’s panel standing.

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 many firms, leads to a PII saving.

Find a Law Firm approved by Keystone Property Finance

Mortgage companies often change their requirements. The UK Finance Lenders’ Handbook requirements from Keystone Property Finance 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, Keystone Property Finance has made 6 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 455.0 days. In total, 2% of the sections of P2 of the UK Finance Lenders’ Handbook for Keystone Property Finance have been changed since 15/12/2008.

To find out more about lender panel compliance,

Book a Personalised Demo

Recent Changes Include

# Date Assoc. Changes Related To
6.7.1 12/08/2019 CML
New Build Conveyancing
Keystone Property Finance approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
6.7.1 31/12/2018 CML
New Build Conveyancing
Keystone Property Finance panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
14.1.5 25/10/2018 CML
Post Completion Conveyancing
Does the Keystone Property Finance need to be sent the original mortgage deed and/or any other original title documents by their conveyancing panel ?
6.6.4 23/10/2018 CML
Houses in Multipe Occupation
Keystone Property Finance approved conveyancer requirements where the property comes within the definition of a house in multiple occupation
14.1.5 23/10/2018 CML
Post Completion Conveyancing
Does the Keystone Property Finance need to be sent the original mortgage deed and/or any other original title documents by their conveyancing panel ?
5.13.1 17/10/2018 CML
Balance of Monies
Contact details at Keystone Property Finance for approved lawyers where borrower is not providing balance of purchase price from funds/proposing to give second charge.
Insolvency Act Indemnity Insurance Deed of Gift Indemnity Insurance

Last update 22/09/2019

Keystone Property Finance Solicitor Panel Sample Enquires to our Call Center from members of the public

I have been advised by my broker that I have to pay Keystone Property Finance fees should I instruct my family lawyer. How good are the Keystone Property Finance conveyancing panel solicitors? I dont care which law firm I use as long as they're good and not exorbitantly priced. Are there any Keystone Property Finance conveyancers you'd recommend?
Keystone Property Finance’s conveyancing panel is substantial so your best bet is just to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Keystone Property Finance will allow to act for them.
My lawyer has identified a difference when comparing the surveyor’s assumptions in Keystone Property Finance’s home valuation survey and what is in the conveyancing documents. My solicitor informs me that as he is on the Keystone Property Finance conveyancing panel he needs to check that the bank is with this discrepancy and is still content to lend. Is my solicitor’s course or action legitimate?
A precondition to being on the Keystone Property Finance approved panel is to comply with the CML Handbook requirements (last updated for this lender on Keystone Property Finance) 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 am Googling for online conveyancing estimates. Can I be sure that all the practices that are listed on your directory are on the Keystone Property Finance conveyancing panel?
The law firms on our directory have assured us via an online form that they are on the Keystone Property Finance panel and agreed to advise us to take down their listing in the event of removal off of the Keystone Property Finance panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Keystone Property Finance conveyancing panel is not accurate.
I am buying a terraced house and getting a mortgage with Keystone Property Finance. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Keystone Property Finance 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 Keystone Property Finance conveyancing panel in your location.
We have had an offer accepted on a house I spoke to a lawyer previously used by my mum and he advised instructing a property lawyers approved by Keystone Property Finance. The estate agent recommended two local firms so I asked Keystone Property Finance if the 2 suggested solicitors are approved, which they are not. Keystone Property Finance suggested that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Keystone Property Finance 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Keystone Property Finance to suggest a law firm in your location. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Keystone Property Finance conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Keystone Property Finance conveyancing panel as it may only take about 2-3 weeks. As long as they meet Keystone Property Finance’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
Can I register a complaint to Keystone Property Finance about the lawyers being on the Keystone Property Finance conveyancing panel?
Complaining to Keystone Property Finance about their conveyancing panel is unlikely to yield much of a response. Every solicitor firm and conveyancer must have a complaints procedure. Usually one can find this information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.

The Legal Ombudsman will make sure that your complaint is properly dealt with by the solicitor. It can also advise you how to complain.

If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.

I had an offer accepted on a property on the 20th March 2014, valuation was booked five days after, all came back fine. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to Keystone Property Finance and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Keystone Property Finance conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Keystone Property Finance to deal with your lawyers application to be on the Keystone Property Finance conveyancing panel. There's no guarantee that your solicitors will be accepted.