About Lexure Contact us

Precise Mortgages 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 Precise Mortgages Conveyancing Panel?
Check your firm’s panel Status
Card image cap
How can my firm be reinstated onto the Precise Mortgages Conveyancing Panel?
Check your firm’s panel Status

COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. It is a unique risk mitigation 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 Precise Mortgages’s changes. While using the tool is not a condition for acceptance on the Precise Mortgages panel, demonstrating you can remain up to date with Precise Mortgages’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your panel standing.

The software 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 Precise Mortgages

Mortgage companies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Precise Mortgages 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, Precise Mortgages has made 209 revisions or additions to sections of their version of the UK Finance Handbook.
That equates to a section change every 13.1 days. In total, 53% of the sections of P2 of the UK Finance Lenders’ Handbook for Precise Mortgages have been changed since 15/12/2008.

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

Precise Mortgages Conveyancing Panel : Questions and Answers from members of the public

I need to swap lawyers as my lawyer is not on the Precise Mortgages panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
Expecting to move into my new home next Friday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as he says that he has to check this in has capacity as lawyer for Precise Mortgages. What risks do Precise Mortgages expect the insurance to cover?
All property lawyers on the Precise Mortgages conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Precise Mortgages’s Part 2 requirements of the CML Handbook (last updated on Precise Mortgages). Being on the Precise Mortgages conveyancing panel your lawyer is expect to follow these instructions.
I see that you have a post code search directory listing law firms on the Precise Mortgages conveyancing panel. Do firms pay you a commission if I instruct them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Precise Mortgages conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am considering applying for a Precise Mortgages mortgage for purchase of a newly converted (under development) with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Precise Mortgages?
There is nothing to stop you using your solicitor but Precise Mortgages will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Is there a list of Precise Mortgages panel conveyancers on the Council of Mortgage Lender’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.
I have a mortgage with Precise Mortgages. My godfather has just retired and wants to pay off the mortgage left on the property. After Precise Mortgages is paid, I want to transfer the property to my mother's name; How long will it roughly take? Do we need two separate solicitors on the Precise Mortgages conveyancing panel? I do not intend to live at the property once the Precise Mortgages mortgage is discharged.
You will need a solicitor but they need not be on the Precise Mortgages conveyancing panel. You will need a solicitor to draw up the transfer and to deal with the Land Registry formalities. The only thing you need to consider is that by selling at an undervalue so ask your lawyer about the implications. There could be an inheritance tax issue if you die within 7 years of this. As the property is your main residence you need not pay CGT but you should speak with your accountants in any event.
My offer was accepted on a house on the 17th January 2014, valuation was booked 4 days after, all came back fine. Solicitor retained, so all that was missing was my mortgage offer. Having made daily calls to Precise Mortgages and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Precise Mortgages conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Precise Mortgages to deal with your lawyers application to be on the Precise Mortgages conveyancing panel. There's no guarantee that your solicitors will be accepted.

Copyright © Lexsure Limited, 2026

Privacy