Leek United BS Conveyancing Lender Panel Compliance Tool

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Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and PI insurers. It is a unique risk management tool.

This system optimises the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with notifications given on Leek United BS’s changes. While utilising COMPLETIONmonitor is not a prerequisite for Leek United BS , demonstrating you can remain up to date with Leek United BS’s Handbook requirements is a helpful support to your panel application and, just as importantly, protect your panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, results in reduced PII premiums.

Find a Law Firm approved by Leek United BS

Banks and building societies often vary their requirements. The BSA instructions from Leek United BS 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 2010, Leek United BS has made 19 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 143.7 days. In total, 10% of the sections of the BSA Requirements for Leek United BS have been changed since 26/1/2010.

To find out more about lender panel compliance,

Leek United BS Solicitor Panel Example Support Desk Enquires from members of the public

My financial adviser has has requested my solicitor’s panel member for the Leek United BS conveyancing panel. What is the best way to discover this. I have tried my local Leek United BS office but they don't know it.
You are best placed to get this information from your conveyancing lawyer. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Leek United BS.
My fiance and I intend to remortgage our maisonette with Leek United BS. We have a son 18 who lives with us. The solicitor on the Leek United BS conveyancing panel requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the property is repossessed. I have two questions (1) Is this document specific to the Leek United BS conveyancing panel as he never had to sign this form when we remortgaged 3 years ago (2) Does our son by signing this giving up his rights to inherit the property?
First, rest assured that your Leek United BS conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Leek United BS .This is solely used to protect the Leek United BS if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.

It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Leek United BS had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

How up to date is your search tool for the Leek United BS conveyancing panel? Do Leek United BS send you an updated list?
The law firm practices themselves provide us confirmation that they are on the Leek United BS conveyancing panel as opposed to being supplied with a list from Leek United BS directly.
My lawyers in Birmingham have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with Leek United BS. Is it case that being on the Leek United BS conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender 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 Leek United BS Conveyancing Panel Terms. It might be worth you contacting Leek United BS directly.
How can we tell if a solicitor on the Leek United BS panel is any good?
Getting 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 advise that you speak with the solicitor handling your transaction
Can I register a complaint to Leek United BS about the lawyers being on the Leek United BS conveyancing panel?
There is little point in complaining directly to Leek United BS. All solicitors 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 addressed 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.

After much negotiation I have agreed a price on an apartment. My financial adviser recommended their conveyancers I paid an upfront payment of 150. Soon after the conveyancers contacted me sheepishly admitting that they were not on the Leek United BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leek United BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

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