Scottish Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and professional indemnity insures. COMPLETIONmonitor is a unique risk mitigation tool.

This software is the only way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Scottish Building Society’s changes. Notwithstanding that utilising this technology is not a prerequisite for Scottish Building Society , demonstrating you can stay up to date with Scottish Building Society’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your firm’s panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces SRA and CQS reports, and will improve your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, leads to reduced PII premiums.

Find a Law Firm approved by Scottish Building Society

Mortgage companies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Scottish Building Society 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, Scottish Building Society has made 288 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 9.5 days. In total, 90% of the sections of P2 of the UK Finance Lenders’ Handbook for Scottish Building Society have been changed since 15/12/2008.

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Recent Changes Include

# Date Assoc. Changes Related To
6.14.3 01/12/2014 CML
12.3.1 02/12/2010 CML
14.2.2 02/12/2010 CML
16.3.4 02/12/2010 CML
17.2.1a 02/12/2010 CML
3.1.5 02/12/2010 CML
4.5a 02/12/2010 CML
5.14.12 02/12/2010 CML
5.4.6 02/12/2010 CML Local Search Indemnity Insurance
6.7.2 02/12/2010 CML

Last update 21/05/2019

Examples of recent questions relating to the Scottish Building Society Solicitor Panel from members of the public

For what reasons could a law firm be removed from the Scottish Building Society solicitor panel?
A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of law firms had been removed 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 Scottish Building Society
Please help. My solicitor is informing me me that she is duty-bound to apply for a Local Authority search as the firm are on the Scottish Building Society solicitor panel. Is this really necessary?
You have limited options available to you. Given that you are taking out a loan with Scottish Building Society your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of Scottish Building Society’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Scottish Building Society. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
I require the services of a Scottish Building Society panel solicitor in Stirling. Can you assist?
It is not clear why you need a Scottish Building Society panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Scottish Building Society to find out which solicitors in Scottish Building Society are on their panel. If you do find such a firm not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site
My grandmother passed away 10 months ago and as sole heir and executor was left the house. The house had a small mortgage remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Scottish Building Society , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then Scottish Building Society will insist on your using a conveyancer on the Scottish Building Society 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 Scottish Building Society 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 Scottish Building Society mortgage is registered as a charge at the Land Registry.
We have had an offer accepted on a house I spoke to a conveyancer previously used by my dad and he advised using a law firm approved by Scottish Building Society. The estate agent recommended two local firms so I asked Scottish Building Society if the 2 suggested solicitors are approved, which they are not. Scottish Building Society suggested that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Scottish Building Society 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Enquire of Scottish Building Society for conveyancing panel firms in your area. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Scottish Building Society conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Scottish Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet Scottish Building Society’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
I'm in the throws of viewing flats and now considering a potential offer. Is it premature to have a solicitor in place? I I am planning to take a mortgage with Scottish Building Society
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Scottish Building Society , make sure you remember to check that your lawyer is on the Scottish Building Society conveyancing panel.
After much negotiation I have agreed a price on a house. My financial adviser suggested a solicitor I paid an upfront payment of 200. Soon after the conveyancers contacted me to say that they were not on the Scottish Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Scottish Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.