About Lexure Contact us

Loughborough Building Society Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

Card image cap
How can my firm apply to be on the Loughborough Building Society Conveyancing Panel?
Check your firm’s panel Status
Card image cap
How can my firm be reinstated onto the Loughborough Building Society Conveyancing Panel?
Check your firm’s panel Status

COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk mitigation tool.

This software facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with alerts on Loughborough Building Society’s changes. Even though utilising the tool is not a condition for being on the Loughborough Building Society panel, demonstrating you can remain up to date with Loughborough Building Society’s Handbook requirements is a helpful support to your panel application and, just as importantly, safeguard your panel standing.

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

Find a Law Firm approved by Loughborough Building Society

Lenders often vary their requirements. The BSA instructions from Loughborough 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 2010, Loughborough Building Society has made 75 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 36.4 days. In total, 45% of the sections of the BSA Requirements for Loughborough Building Society have been changed since 26/1/2010.

To find out more about lender panel compliance,
Book a Personalised Demo

Loughborough Building Society Conveyancing Panel Recently Asked Questions from members of the public

I am obtaining a mortgage with Loughborough Building Society. my intention is to retain the legal services of a Licensed Conveyancer. Does the Loughborough Building Society Conveyancing panel include Licensed Conveyancers
Loughborough Building Society’s approved solicitor list is, like many other lenders associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I am purchasing a newly built apartment and my solicitor is advising me that she has to disclose incentives from the developer as her firm is on the Loughborough Building Society conveyancing panel. I am on a tight deadline to sign contracts and I would rather not delay deal. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Loughborough Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Loughborough Building Society). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
What tools are available to find a local solicitor on the Loughborough Building Society conveyancing panel? I have a car and am prepared to travel up to 20 kilometers to meet the solicitor.
You can use the find a conveyancing panel tool on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Loughborough Building Society solicitor panel.
We're in Birmingham, First time buyers buying with a mortgage (lender is Loughborough Building Society , but our lawyer is on the Loughborough Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Loughborough Building Society 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
Are all Conveyancing Quality Solicitors on the Loughborough Building Society conveyancing panel?
It is true that some lenders now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
I am due to exchange contracts on my apartment. I had a double glazing fitted in month 6 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Loughborough Building Society are being pedantic. The solicitor who is on the Loughborough Building Society conveyancing panel is recommending indemnity insurance as a solution but Loughborough Building Society are insisting on a building regulation certificate. Why do Loughborough Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Loughborough Building Society have referred the matter to their valuer. The reason why Loughborough Building Society 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 house with a mortgage with Loughborough Building Society. 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 Loughborough 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 Loughborough Building Society conveyancing panel

Copyright © Lexsure Limited, 2026

Privacy