Leeds Building Society 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. COMPLETIONmonitor is a unique risk mitigation tool.

This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with alerts on Leeds Building Society’s changes. Even though using the tool is not a condition for being on the Leeds Building Society panel, demonstrating you can stay up to date with Leeds Building Society’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your firm’s panel status.

The system creates real-time alerts, automatically produces compliance and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to reduced PII premiums.

Find a Law Firm approved by Leeds Building Society

Banks and building societies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Leeds Building Society 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, Leeds Building Society has made 370 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 7.4 days. In total, 61% of the sections of P2 of the UK Finance Lenders’ Handbook for Leeds Building Society have been changed since 15/12/2008.

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Recent Changes Include

# Date Assoc. Changes Related To
5.14.9 27/08/2019 CML
5.20.3 27/08/2019 CML
14.2.2 19/12/2017 CML
14.1.5 19/12/2017 CML
14.2.2 03/10/2017 CML
5.19.1 03/10/2017 CML
10.7 13/06/2017 CML
16.3.2 07/06/2017 CML
4.3 07/06/2017 CML
3.1.3 07/06/2017 CML

Last update 16/01/2020

FAQs : The Leeds Building Society Conveyancing Panel from members of the public

I am hoping to receive a mortgage with Leeds Building Society. I hope to retain the legal services of a Licensed Conveyancer. Does the Leeds Building Society Solicitor panel allow for Licensed Conveyancers
Leeds Building Society’s approved solicitor list is, like many other lenders associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Please assist. For no fault of my lawyer but, my purchase conveyancing has been going on for months. The Local Authority Search from Leeds Building Society was date stamped random date and we have agreed a date for me to move into the property on Tues etc. My solicitor says that as she is on the Leeds Building Society conveyancing panel she needs to redo the searches as they are no longer valid.
A precondition to being on the Leeds Building Society approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Leeds Building Society)which specifies that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Leeds Building Society.
I need to find a Leeds Building Society panel solicitor in Inverness. Can you assist?
It is not clear why you need a Leeds Building Society panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Leeds Building Society to find out which solicitors in Leeds Building Society 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
I am trying to get my former partner removed the mortgage deeds. Can Leeds Building Society really insist on which solicitor I can or can not instruct?
You can use any solicitor you like but Leeds Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Leeds Building Society solicitors panel
We have a mortgage agreed in principle with Leeds Building Society. Solicitors have been appointed? How long does it take for Leeds Building Society to send the offer to our conveyancer
There is no definitive answer here. Have Leeds Building Society done the survey? Have you advised Leeds Building Society as your lawyers details and checked that your lawyer is on the Leeds Building Society conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I'm in the process of viewing houses and now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I intend to finance via a mortgage with Leeds Building Society
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Leeds Building Society , make sure you remember to check that your lawyer is on the Leeds Building Society conveyancing panel.
After shopping around on the internet I have found a solicitor having made sure that they are on the Leeds Building Society conveyancing panel. Does my lawyer arrange the survey of the property? Or I've read lots of house buying,I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my solicitor - who is on the Leeds Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society 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 Leeds Building Society you could contact your them to see if they have a list of approved surveyors.