Leeds Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and professional indemnity insures. COMPLETIONmonitor is a unique risk mitigation tool.

This software is the only way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Leeds Building Society’s changes. Notwithstanding that utilising the tool is not a prerequisite for Leeds Building Society , demonstrating you can stay up to date with Leeds Building Society’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, safeguard your panel status.

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

Find a Law Firm approved by Leeds Building Society

Mortgage companies often vary 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, over time:

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.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
6.7.1 23/09/2019 CML
3.1.5 17/07/2018 CML
14.1.5 19/12/2017 CML
14.2.1 03/10/2017 CML
17.1.1 13/06/2017 CML
6.7.4 13/06/2017 CML
16.1.1 07/06/2017 CML
16.3.2 07/06/2017 CML
5.7.1a 07/06/2017 CML
6.7.1 07/06/2017 CML

Last update 31/03/2020

Q and A’s regarding the Leeds Building Society Conveyancing Panel from members of the public

I would like to know the reason why all UK lawyers aren't included on the Leeds Building Society Conveyancing panel?
Even though it may seem unfair for Leeds Building Society to restrict who can act for them from the public’s or solicitor’s point of view, the other side of the coin is that the lenders are becoming ever more anxious and feel the necessary need to protect them from mortgage fraud and other illegal activities. As a result of this concern Leeds Building Society are limiting their panel of approved conveyancing lawyers to a size that they are happy to control. The Leeds Building Society solicitor panel is not the most difficult to join
Our son is in the process of securing a newly built flat with a home loan from Leeds Building Society. His conveyancer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Leeds Building Society conveyancing panel as a standard part of the process, and to the surveyor when requested.

The Developer will be required to start the process by downloading the form and completing it.

The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Leeds Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

Whilst your website is a good idea there are many lawyers listed near Leeds on the Leeds Building Society conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for Leeds Building Society ?
We are not in the business of recommending one firm above another 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 Wales, First time buyers buying with a mortgage (lender is Leeds Building Society , but our solicitor is on the Leeds Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Leeds Building Society 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 Leeds Building Society panel is any good?
seeking recommendations is a sensible 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 suggest that you speak with the lawyer carrying out your transaction
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 completed the valuation? 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 am due to exchange contracts on my apartment. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Leeds Building Society are being difficult. The solicitor who is on the Leeds Building Society conveyancing panel is saying indemnity insurance will be fine but Leeds Building Society are requiring a building regulation certificate. Why do Leeds Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Leeds Building Society have referred the matter to their valuer. The reason why Leeds Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.