Lloyds TSB Scotland Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and PI insurers. It is a unique risk management tool.

This system facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Lloyds TSB Scotland’s changes. Even though using this technology is not a condition for being on the Lloyds TSB Scotland panel, demonstrating you can remain up to date with Lloyds TSB Scotland’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel status.

COMPLETIONmonitor generates real-time alerts, automatically produces SRA and CQS reports, and will increase your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, results in a PII saving.

Find a Law Firm approved by Lloyds TSB Scotland

Banks and building societies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Lloyds TSB Scotland 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, Lloyds TSB Scotland has made 305 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 9.0 days. In total, 43% of the sections of P2 of the UK Finance Lenders’ Handbook for Lloyds TSB Scotland 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 10/07/2017 CML
5.1.1 24/10/2016 CML
16.1.1 24/04/2015 CML
14.1.5 01/12/2014 CML
4.1 01/12/2014 CML
5.5.1a 01/12/2014 CML
5.5.1b 01/12/2014 CML
6.14.1b 01/12/2014 CML
3.1.3 01/12/2014 CML
4.1 05/08/2014 CML

Last update 16/01/2019

Examples of recent questions relating to the Lloyds TSB Scotland Conveyancing Panel from members of the public

My Conveyancer is not on the Lloyds TSB Scotland Solicitor Panel. Can I still continue with my preferred solicitor even though they are not on the Lloyds TSB Scotland panel?
You will need to have a conveyancer complete the legal work required when you take out a Lloyds TSB Scotland mortgage to buy your property. They’ll carry out all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is in place. You can instruct a conveyancing firm of your choice. However, if the firm selected is not a member of the Lloyds TSB Scotland conveyancing panel additional costs will be incurred as separate legal representation will be required by Lloyds TSB Scotland. Conveyancing panel applications can be submitted, so if your conveyancer has not previously applied for membership they can do so.
We are getting closer to an exchange and my parents having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender Lloyds TSB Scotland. I am advised that, being on the Lloyds TSB Scotland conveyancing panel and acting on their behalf he must inform Lloyds TSB Scotland if the balance of the mortgage advance is coming from anyone other than me. I informed the bank about my parent’s contribution when I applied for the home loan so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Lloyds TSB Scotland to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Lloyds TSB Scotland if you agree, failing which, your lawyer must cease to continue acting.
I am purchasing a property and need a conveyancing solicitor in London who is on the Lloyds TSB Scotland approved. Could you point me in the right direction as regards a conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds TSB Scotland . We don’t recommend any particular firm.
My house is up for sale and I have a buyer. Does my solicitor have to be on the Lloyds TSB Scotland conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Lloyds TSB Scotland conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
Is there a list of Lloyds TSB Scotland panel solicitors on the Building Society Association’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
My fiance and I are in the process of viewing flats and now considering a potential offer. Is it premature to have a solicitor in place? I will be getting a home loan with Lloyds TSB Scotland
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 Lloyds TSB Scotland , ask your prospective lawyers check they are on the Lloyds TSB Scotland conveyancing panel otherwise they can't do the mortgage legal work.
After much negotiation I have agreed a price on an apartment. My financial adviser pressured me to appoint their lawyers I paid an upfront payment of 225. Soon after the conveyancers contacted me to say that they were not on the Lloyds TSB Scotland 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 Lloyds TSB Scotland 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.