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Reliance Bank 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 Reliance Bank Conveyancing Panel?
Check your firm’s panel Status
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How can my firm be reinstated onto the Reliance Bank Conveyancing Panel?
Check your firm’s panel Status

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. COMPLETIONmonitor is a unique risk mitigation tool.

This software assists the way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with notifications given on Reliance Bank’s changes. Notwithstanding that using the software is not a prerequisite for Reliance Bank , demonstrating you can stay up to date with Reliance Bank’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, protect your firm’s panel status.

COMPLETIONmonitor generates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in a PII saving.

Find a Law Firm approved by Reliance Bank

Mortgage companies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Reliance Bank 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, Reliance Bank has made 179 revisions or additions to sections of their version of the UK Finance Handbook.
That equates to a section change every 15.3 days. In total, 51% of the sections of P2 of the UK Finance Lenders’ Handbook for Reliance Bank have been changed since 15/12/2008.

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Common questions asked concerning the Reliance Bank Conveyancing Panel from members of the public

The conveyancer my fiance and I wanted to use for conveyancing on a purchase said he will levy higher legal fees if my lender is due to their difficult processes! Am I likely to be frustrated using Reliance Bank? Any comments will be appreciated
Reliance Bank conveyancing requirements for their panel are no better or no more complicated than most lenders. It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender. It is not clear if your lawyer is on the Reliance Bank conveyancing panel. If they are not, this does add further risk of delay as Reliance Bank will appoint their own solicitors to look after their interest.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Reliance Bank will not agree to this. Why was Reliance Bank even consulted?
Your lawyer being on the Reliance Bank conveyancing panel is duty bound to inform Reliance Bank of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Reliance Bank then they would have to discontinue acting for you and Reliance Bank.
Do all the licensed conveyancers and solicitor practices listed on your search have online case tracking as I was under the impression that this was a precondition of being on the Reliance Bank solicitor panel?
No. There is no CML Part 2 or Building Society Association requirement relating to online case tracking. Some law firms operate such technology and some don't.
My grandmother passed away last year and as sole heir and executor was left the house. The house had a small mortgage left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Reliance Bank , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then Reliance Bank will insist on your using a conveyancer on the Reliance Bank 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 Reliance Bank 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 Reliance Bank mortgage is registered as a charge at the Land Registry.
Can I be sure that the solicitor on the Reliance Bank panel is any good?
seeking recommendations is a good starting point. 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 transaction
Do the majority of lenders operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Reliance Bank conveyancing panel requirements are different to Reliance Bank’s conveyancing panel criteria.
Next month my fiance and I are remortgaging a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon need to beinstructed. My agentsuggested that we make sure that the property lawyer in Hendon is on the Reliance Bank solicitors panel. Is this really necessary?
It is not that case that all Hendon conveyancing practices are on the Reliance Bank conveyancing panel. 7 people a month use our search tool to locate a Hendon conveyancing practitioner on the on the Reliance Bank list of approved conveyancing firms.

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