MBS Lending Ltd Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

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Is my firm on the
MBS Lending Ltd Conveyancing Panel?
Check your firm’s panel Status
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How can my firm apply to be on the MBS Lending Ltd Conveyancing Panel?
Check your firm’s panel Status
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How can my firm be reinstated onto the MBS Lending Ltd Conveyancing Panel?
Check your firm’s panel Status

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

This software is the only way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on MBS Lending Ltd’s changes. Notwithstanding that utilising this technology is not a prerequisite for MBS Lending Ltd , demonstrating you can stay up to date with MBS Lending Ltd’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, protect your panel standing.

The system creates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for many firms, results in a PII saving.

Find a Law Firm approved by MBS Lending Ltd

Lenders frequently change their requirements. The BSA instructions from MBS Lending Ltd 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, MBS Lending Ltd has made 120 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 22.8 days. In total, 56% of the sections of the BSA Requirements for MBS Lending Ltd have been changed since 26/1/2010.

To find out more about lender panel compliance,

MBS Lending Ltd Solicitor Panel Sample Enquires to our Call Center from members of the public

For what reasons could a firm of solicitors be excluded from the MBS Lending Ltd solicitor panel?
A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of solicitor practices had been excluded from a lender panel. The top reasons in order are :
  1. lack of transactions
  2. the lawyer is a sole practitioner
  3. as part of the HSBC panel reduction
  4. regulatory contact by SRA
  5. accidental removal. We are not aware of the specific or common criteria for removal by MBS Lending Ltd
My conveyancer has identified an inconsistency between the information in MBS Lending Ltd’s valuation survey and what is in the legal papers for the property. My solicitor has advised that as he is on the MBS Lending Ltd conveyancing panel he needs to ensure that the bank is with this discrepancy and is content go ahead. Is my lawyer’s course or action legitimate?
A precondition to being on the MBS Lending Ltd approved panel is to comply with the CML Handbook requirements (last updated for this lender on MBS Lending Ltd) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I require the services of a MBS Lending Ltd panel solicitor in Belfast. Could you help me?
It is not clear why you need a MBS Lending Ltd panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to MBS Lending Ltd to find out which solicitors in MBS Lending Ltd are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
My grandfather passed away six months ago and as sole heir and executor was left the property. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to MBS Lending Ltd , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then MBS Lending Ltd will insist on your using a conveyancer on the MBS Lending Ltd conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your MBS Lending Ltd conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the MBS Lending Ltd mortgage is registered as a charge at the Land Registry.
is it true that all solicitor practices on the MBS Lending Ltd conveyancing panel regulated by the SRA?
As a firm of solicitors, in order to be on the MBS Lending Ltd conveyancing panel they would need to be regulated by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
How can we tell if a solicitor on the MBS Lending Ltd 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 suggest that you speak with the solicitor handling your conveyancing
What are the common reasons for a lender such as MBS Lending Ltd to withdraw a mortgage offer?
Banks and Building Societies such as MBS Lending Ltd can withdraw their mortgage offer although this rarely happens. In the unlikely event that MBS Lending Ltd withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are many potential reasons but here are a few examples:
  • If the financial circumstances of the borrower have changed to the detriment and the MBS Lending Ltd has been notified
  • Following advice from the property assessor on their lender panel or If the lender has doubts about the effectiveness of the valuation as a result of subsequent events or information received post valuation but pre completion
  • Where the lender is on notice of a restriction or a right of pre-emption which is not at market value
  • Where the Lender’s right to possession is fettered in some way
  • If the lender reasonably suspects that the applicant, borrower, mortgagor or guarantor is involved in any criminal or fraudulent activity, including trading in illegal drugs or other substances, theft, robbery, deception or other serious offences, or if the applicant borrower, mortgagor or guarantor has a conviction for any serious criminal offence, including theft, deception, fraud, robbery or trade in illegal drugs or other substances;

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