Leeds Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers. It is a unique risk mitigation tool.

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

The system creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to a PII saving.

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, over time:

A Timeline of Policy Changes


Since 2008, Leeds Building Society has made 355 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 7.7 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
10.7 04/12/2018 CML
14.2.2 29/03/2018 CML
14.1.5 19/12/2017 CML
10.7 07/06/2017 CML
16.1.1 07/06/2017 CML
3.2.3 07/06/2017 CML
4.3 07/06/2017 CML
10.7 06/06/2017 CML
10.7 06/02/2017 CML
5.5.4 04/03/2016 CML Restrictive Covenant Indemnity Insurance

Last update 06/01/2019

Examples of recent questions relating to the Leeds Building Society Conveyancing Panel from members of the public

I was advised recently by my lender that my solicitor is not on the Leeds Building Society Conveyancing panel. How can I be sure that this is correct?
The best course of action for you to take is to contact your conveyancer. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may recommend you to a firm that is on the conveyancing panel for Leeds Building Society.
Our conveyancer has identified a legal deficiency with the lease for the flat we are purchasing. The seller’s lawyers have offered defective title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor has advised that as he is on the Leeds Building Society conveyancing panel he must be satisfied that the lender is happy with this solution. Are we the client or is Leeds Building Society?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and Leeds Building Society are the client. A precondition to being on the Leeds Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Leeds Building Society). The CML Handbook conditions require your lawyer to disclose issues such as defects will the lease so that Leeds Building Society can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I am looking for competitive conveyancing fees. Can I be sure that all the practices that are identified on your directory are on the Leeds Building Society conveyancing panel?
The law firms on our directory have advised us that they are on the Leeds Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Leeds Building Society panel. To date we have not been informed by either a bank or a member of the public that the data about a specific firm being on the Leeds Building Society conveyancing panel is not accurate.
My lawyers in Birmingham have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with Leeds Building Society. Is it case that being on the Leeds Building Society conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Leeds Building Society Conveyancing Panel Terms. It might be worth you contacting Leeds Building Society directly.
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to move forward? I plan to obtain a mortgage with Leeds Building Society. Is there anyway to cut out the solicitors to save us both money? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Leeds Building Society involved you will need to appoint a solicitor on the Leeds Building Society conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Leeds Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Leeds Building Society conveyancing panel.
My husband and I are at the point of viewing flats and now considering a potential offer. Is it premature to have a solicitor in place? I intend to finance via a mortgage with Leeds Building Society
It would be sensible to have your start your search soon rather than later. 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 estate agent. 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.
Planning on purchasing a house with a mortgage with Leeds Building Society. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Leeds Building Society conveyancing panel