Skipton Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers such as AmTrust. It is a unique risk mitigation tool.

This software assists the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Skipton Building Society’s changes. While utilising COMPLETIONmonitor is not a condition for being on the Skipton Building Society panel, demonstrating you can remain up to date with Skipton Building Society’s Handbook requirements is a helpful support to your panel application and, more importantly, protect your firm’s panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces SRA and CQS reports, and will enhance 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 Skipton Building Society

Lenders frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Skipton Building Society 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, Skipton Building Society has made 354 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 7.7 days. In total, 62% of the sections of P2 of the UK Finance Lenders’ Handbook for Skipton Building Society have been changed since 15/12/2008.

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Recent Changes Include

# Date Assoc. Changes Related To
5.14.1 07/06/2019 CML
Leasehold Conveyancing
Skipton Building Society approved lawyers leasehold conveyancing requirements : minimum unexpired lease term
5.10.1 07/06/2019 CML
Properties owned for less than 6 months
Contact details at Skipton Building Society for conveyancing panel lawyers where the seller has owned the property for less than 6 months:.
6.6.1 07/06/2019 CML
Buy to Let Conveyancing
Contact details at Skipton Building Society for approved lawyers were the subject property is let/to be let and to check Skipton Building Society lend on buy-to-let.
6.8.1 07/06/2019 CML
Roads and Sewers
Contact details at Skipton Building Society for conveyancing panel lawyers if no agreement and bond for an unadopted road or sewer
Adoption of Road or Sewer Indemnity Insurance
6.7.1 04/10/2018 CML
New Build Conveyancing
Skipton Building Society panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
5.9.1 27/06/2018 CML
Commonhold
Skipton Building Society approved lawyers clarification as to whether they lend where the title is commonhold
5.14.9 05/06/2018 CML
Leasehold Conveyancing
Contact details at Skipton Building Society for conveyancing panel lawyers for matters relating to the lease.
6.7.1 16/03/2018 CML
New Build Conveyancing
Skipton Building Society panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
5.14.1 19/12/2016 CML
Leasehold Conveyancing
Skipton Building Society panel lawyers leasehold conveyancing requirements : minimum unexpired lease term
7.3 19/12/2016 CML
Occupiers at the Property
Skipton Building Society panel conveyancer requirements for adult occupiers : Do Skipton Building Society require a consent to mortgage from all occupants aged 17 or over

Last update 09/07/2019

FAQs : The Skipton Building Society Solicitor Panel from members of the public

Am I correct in assuming that the fact that my solicitor is not isted on the Skipton Building Society Solicitor panel that there is a problem with the quality of his work?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 3 reasons are as follows: (1) lack 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. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for Skipton Building Society.
We are nearing an exchange and my parents having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender Skipton Building Society. Apparently, being on the Skipton Building Society conveyancing panel and acting on their behalf he must inform Skipton Building Society if the balance of the mortgage advance is not just from me. I advised the bank about my parent’s contribution when I applied for the home loan so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Skipton Building Society to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Skipton Building Society if you agree, failing which, your lawyer must cease to continue acting.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Skipton Building Society conveyancing panel. My lawyer has said that they are on the Skipton Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Skipton Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Skipton Building Society solicitor panel.
I was due to move into my dream home two days ago. My lawyer’s firm is on the Skipton Building Society solicitors panel but has moved offices 8 weeks ago and had not informed Skipton Building Society of their new address. Skipton Building Society is now refusing to release my funds until such time as their systems are up to date with the correct details.
This is as unusual as it is unlucky. The majority of 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 Skipton Building Society branch or your mortgage broker to see if they can assist.
Can I be sure that the solicitor on the Skipton Building Society panel is any good?
seeking recommendations is a sensible start. 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 advocate that you speak with the solicitor carrying out your transaction
I currently have a mortgage with with Skipton Building Society. Conveyancing was finalised months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Skipton Building Society?
Your original mortgage agreement with Skipton Building Society will provide that you need their approval in advance of letting out your property as this is likely to be a breach of Skipton Building Society’s mortgage conditions. It may be that Skipton Building Society will permit you to let 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 Skipton Building Society directly. You need not do this via a Skipton Building Society conveyancing panel lawyer.
I am selling my flat. I had a double glazing fitted in month 2010 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Skipton Building Society are being difficult. The solicitor who is on the Skipton Building Society conveyancing panel is recommending indemnity insurance as a solution but Skipton Building Society are insisting on a building regulation certificate. Why do Skipton Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Skipton Building Society have referred the matter to their valuer. The reason why Skipton Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.