Secure Trust Bank 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 PI insurers. COMPLETIONmonitor is a unique risk mitigation tool.

This software assists the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Secure Trust Bank’s changes. While utilising this technology is not a condition for acceptance on the Secure Trust Bank panel, demonstrating you can remain up to date with Secure Trust Bank’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 enhance your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to reduced PII premiums.

Find a Law Firm approved by Secure Trust Bank

Banks and building societies frequently change their requirements. The UK Finance Lenders’ Handbook requirements from Secure Trust Bank 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, Secure Trust Bank has made 3 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 910.0 days. In total, 1% of the sections of P2 of the UK Finance Lenders’ Handbook for Secure Trust Bank have been changed since 15/12/2008.

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Recent Changes Include

# Date Assoc. Changes Related To
6.7.1 07/11/2018 CML
New Build Conveyancing
Secure Trust Bank PLC approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
7.3 15/10/2018 CML
Occupiers at the Property
Secure Trust Bank PLC panel conveyancer requirements for adult occupiers : Do Secure Trust Bank PLC require a consent to mortgage from all occupants aged 17 or over
6.7.1 18/06/2018 CML
New Build Conveyancing
Secure Trust Bank PLC panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes

Last update 22/01/2020

Secure Trust Bank Conveyancing Panel Recently Asked Questions from members of the public

My IFA has asked me for my lawyer’ panel member for the Secure Trust Bank conveyancing panel. How do I discover this. I have tried my local Secure Trust Bank office but they have not responded to me.
Have you tried speaking to your lawyer about this?. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Secure Trust Bank.
I am buying a newly constructed duplex and my solicitor is telling me that she has to reveal incentives from the developer as her practice is on the Secure Trust Bank conveyancing panel. I am nearing the developer’s deadline to exchange contracts and I would rather not delay matters. Can I insist on an exchange regardless of what my lawyer says about being on the Secure Trust Bank panel?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Secure Trust Bank approved panel is to comply with the CML Handbook requirements (last updated for this lender on Secure Trust Bank). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Your search tool is useful but there are many lawyers listed near Leeds on the Secure Trust Bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for Secure Trust Bank ?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
I am attempting to get my former partner removed the mortgage deeds. Can Secure Trust Bank really insist on which solicitor I can or can not retain?
You can use any solicitor you like but Secure Trust Bank then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Secure Trust Bank solicitors panel
We are getting a further advance on our mortgage from Secure Trust Bank as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Secure Trust Bank conveyancing panel to deal with the legals?
Secure Trust Bank do not ordinarily instruct a member of their conveyancing panel to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Secure Trust Bank panel
I have decided to exercise my right to buy my property off the council. I have a mortgage offer with Secure Trust Bank. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Secure Trust Bank you will need to appoint a solicitor on the Secure Trust Bank conveyancing panel.
I currently have a mortgage with with Secure Trust Bank. Conveyancing was finalised a year ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Secure Trust Bank?
You must advise Secure Trust Bank before renting your property as this is likely to be a breach of Secure Trust Bank’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Secure Trust Bank directly. It should not be necessary to do this via a Secure Trust Bank conveyancing panel firm.