Lloyds TSB Scotland Conveyancing Lender Panel Compliance Tool

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 such as AmTrust. It is a unique risk management 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 notifications given on Lloyds TSB Scotland’s changes. While utilising this technology is not a condition for acceptance on the Lloyds TSB Scotland panel, demonstrating you can stay up to date with Lloyds TSB Scotland’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your firm’s panel status.

The system generates real-time alerts, automatically produces regulatory and CQS reports, and will improve 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

Mortgage companies frequently change 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 308 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 8.9 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,

Book a Personalised Demo

Recent Changes Include

# Date Assoc. Changes Related To
6.4.4 31/08/2018 CML
6.7.1 13/08/2018 CML
1.11a 05/06/2018 CML
6.7.1 07/03/2018 CML
6.7.1 10/07/2017 CML
6.7.1 19/05/2017 CML
6.7.1 21/11/2016 CML
5.8.1 11/04/2016 CML
3.1.4 01/12/2014 CML
5.5.1b 01/12/2014 CML

Last update 15/07/2019

Lloyds TSB Scotland Solicitor Panel Recently Asked Questions from members of the public

We are hoping to buy a 1 bedroom flat in Leeds with a mortgage from Lloyds TSB Scotland. We like our solicitor but Lloyds TSB Scotland says she’s not on their "panel". We have to appoint one of the Lloyds TSB Scotland panel solicitors or keep our solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the Lloyds TSB Scotland conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Lloyds TSB Scotland
We are approaching an exchange and my parents having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification 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 not just from me. I informed the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for him to raise this?
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.
Whilst your website is a good idea there are many lawyers listed near Hackney on the Lloyds TSB Scotland conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the Lloyds TSB Scotland approved panel?
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. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
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.
My wife and I have arranged a further advance on our mortgage from Lloyds TSB Scotland as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Lloyds TSB Scotland conveyancing panel to deal with the paperwork?
Lloyds TSB Scotland do not ordinarily appoint a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Lloyds TSB Scotland panel
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 purchaser’s lender, Lloyds TSB Scotland are being difficult. The solicitor who is on the Lloyds TSB Scotland conveyancing panel is saying indemnity insurance will be fine but Lloyds TSB Scotland are insisting on a building regulation certificate. Why do Lloyds TSB Scotland have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Lloyds TSB Scotland have referred the matter to their valuer. The reason why Lloyds TSB Scotland 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.
Intending to buy a flat with a mortgage with Lloyds TSB Scotland. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds TSB Scotland 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 Lloyds TSB Scotland conveyancing panel