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Leek BS Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

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How can my firm apply to be on the Leek BS Conveyancing Panel?
Check your firm’s panel Status
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How can my firm be reinstated onto the Leek BS Conveyancing Panel?
Check your firm’s panel Status

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.

This system is the only way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Leek BS’s changes. Notwithstanding that using the tool is not a prerequisite for Leek BS , demonstrating you can remain up to date with Leek BS’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your firm’s panel status.

The software generates real-time alerts, automatically produces SRA and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for many firms, leads to reduced PII premiums.

Find a Law Firm approved by Leek BS

Banks and building societies often change their requirements. The BSA instructions from Leek BS 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 2010, Leek BS has made 38 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 71.8 days. In total, 24% of the sections of the BSA Requirements for Leek BS have been changed since 26/1/2010.

To find out more about lender panel compliance,
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Leek BS Conveyancing Panel Example Support Desk Enquires from members of the public

I need to swap lawyers as my lawyer is not on the Leek BS panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
My son-in-law is buying a house that has just been built with a home loan from Leek BS. His conveyancer has said that there is 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 involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Leek BS conveyancing panel as a standard part of the process, and to the surveyor when asked.

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 Leek BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

Do all the licensed conveyancers and solicitor practices listed on your search have online case tracking as I was under the impression that this was a precondition of being on the Leek BS conveyancing panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
We're in Birmingham, First time buyers purchasing with a mortgage (lender is Leek BS , but our lawyer is on the Leek BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Leek BS 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
I'm at the point of viewing apartments and now considering a potential offer. Should I already have a conveyancer appointed at this stage? I intend to finance via a mortgage with Leek BS
It would be sensible to have your start your search soon rather than later. Once you decide who you want to use 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 Leek BS , ask your prospective lawyers check they are on the Leek BS conveyancing panel otherwise they can't do the mortgage legal work.
My existing mortgage is with Leek BS. My father retired last week and wants to pay off the mortgage left on the property. After Leek BS is paid, I want to transfer the property to my mother's name; How long does the process take? Do we need two separate solicitors on the Leek BS conveyancing panel? I do not intend to live at the property once the Leek BS mortgage is discharged.
Although you do need to retain the services of a lawyer they dont need to be on the Leek BS panel. You will need a solicitor to draw up the transfer and to deal with the Land Registry formalities. The only thing you need to consider is that by selling at an undervalue so ask your lawyer about the implications. There could be an inheritance tax issue if you die within 7 years of this. As the property is your main residence you need not pay CGT but you should speak with your accountants in any event.
After shopping around on the internet I have found a solicitor having made sure that they are on the Leek BS conveyancing panel. Does my lawyer arrange the survey of the property? Or Having digested plenty 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 Leek BS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Leek BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leek BS 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 Leek BS you could contact your them to see if they have a list of approved surveyors.

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