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Perenna Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

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

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers such as AmTrust. 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 automatic updates on Perenna’s changes. Even though using this technology is not a prerequisite for Perenna , demonstrating you can stay up to date with Perenna’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel status.

COMPLETIONmonitor 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 reduced PII premiums.

Find a Law Firm approved by Perenna

Mortgage companies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Perenna 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 2008, Perenna has made 22 revisions or additions to sections of their version of the UK Finance Handbook.
That equates to a section change every 124.1 days. In total, 11% of the sections of P2 of the UK Finance Lenders’ Handbook for Perenna have been changed since 15/12/2008.

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Q and A’s regarding the Perenna Solicitor Panel from members of the public

For what reasons would a firm of solicitors be excluded from the Perenna solicitor panel?
According to a recent survey report by the solicitors regulator three quarters of law firms had been excluded from a lender panel. The most common reasons in order are :
  1. Low volume 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 Perenna
Can you clarify something for me?. My lawyer is not to blame but, my purchase conveyancing has been going on for months. The Local Authority Search from Perenna was issued random date and we have agreed a date for me to move into the property on 10 days inc Day of week eg. Mon. My solicitor has advised that as she is on the Perenna conveyancing panel she needs to reorder the searches as they are no longer valid.
A precondition to being on the Perenna approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Perenna)which states that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Perenna.
How up to date is your database of lawyers on the Perenna conveyancing panel? Do Perenna send you an updated list?
The law firm practices themselves provide us confirmation that they are on the Perenna conveyancing panel as opposed to being supplied with a list from Perenna directly.
I was scheduled to move into my dream home last Friday. My lawyer’s firm is on the Perenna conveyancing panel but has moved offices in the past couple of months and had not informed Perenna of their new address. Perenna is now refusing to release my funds as the information from the solicitors isn't correct.
This is as unusual as it is unlucky. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Perenna branch or your mortgage broker to see if they can assist.
I had instructed online conveyancers based in Bristol who are on the Perenna solicitor panel. They have just invoiced me a separate fee of £135 for the legal aspects of the Perenna mortgage. Is this a supplemental conveyancing fee set by Perenna?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Perenna but by your lawyers. Some firms on the Perenna will charge an ‘acting for lender’ fee and others do not.
Is it common for Perenna to withdraw a mortgage offer and what would be the reasoning?
Lenders such as Perenna can revoke their mortgage offer although this is unusual. should Perenna 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 5 examples:
  • Where information comes to Perenna ‘s attention regarding the customers or the security that they were not aware of prior to offer that affects their original decision to lend
  • Perenna may amend or withdraw an offer if the Perenna conveyancing panel solicitor is unable to confirm compliance with any of the conditions of the mortgage offer or if any of the terms of the mortgage offer cannot be satisfied
  • Amendments if purchase price adjusted and the loan to value limits exceeded by this. Please note that Perenna conveyancing panel solicitors would be obliged to notify Perenna of a change in the price of the property.
  • Where the lender has to take account a recent change in law
  • Where the sale is not at arms length for value to unconnected persons
I have paid off my mortgage with Perenna. I assume I don't need a solicitor on the Perenna panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Perenna mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Perenna mortgage from the register. Perenna,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Perenna has sent the Land Registry the discharge electronically, and the Perenna has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Perenna mortgage has been paid off.

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