Yorkshire Bank 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 professional indemnity insures. COMPLETIONmonitor is a unique risk management tool.

This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their instructions, with notifications given on Yorkshire Bank’s changes. Notwithstanding that utilising this technology is not a prerequisite for Yorkshire Bank , demonstrating you can stay up to date with Yorkshire Bank’s Handbook requirements is an excellent support to your panel application and, just as importantly, safeguard your firm’s panel standing.

COMPLETIONmonitor creates real-time alerts, automatically produces regulatory 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 Yorkshire Bank

Banks and building societies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Yorkshire 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, Yorkshire Bank has made 300 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 9.1 days. In total, 50% of the sections of P2 of the UK Finance Lenders’ Handbook for Yorkshire Bank have been changed since 15/12/2008.

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Recent Changes Include

# Date Assoc. Changes Related To
6.7.1 07/02/2019 CML
New Build Conveyancing
Yorkshire Bank Home Loans Ltd approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
5.14.15b 27/06/2016 CML
Leasehold Conveyancing
Yorkshire Bank Home Loans Ltd panel lawyers leasehold conveyancing requirements : acceptability of indemnity insurance where the terms of the lease are unsatisfactory
Absentee Landlord Indemnity Insurance
16.1.1 11/03/2016 CML
Title Documents
Yorkshire Bank Home Loans Ltd details for requesting Title Documentation
16.4.2 11/03/2016 CML
Tenancy Agreements
Does Yorkshire Bank Home Loans Ltd need to be sent a copy of the proposed tenancy?
1.7 11/03/2016 CML
General Mortgage Instructions
Contact details at Yorkshire Bank Home Loans Ltd for conveyancing panel lawyers to if Yorkshire Bank Home Loans Ltd will lend when borrower and mortgagor are not one and the same.
6.2.1 11/03/2016 CML
Property Description
Contact details at Yorkshire Bank Home Loans Ltd for conveyancing panel lawyers to used where there are any discrepancies in property's description.
6.9.1 11/03/2016 CML
Easements
Contact details at Yorkshire Bank Home Loans Ltd for conveyancing panel lawyers if necessary easements are absent
Unknown Rights and Easements Indemnity Insurance
4.1 01/12/2014 CML
Mortage valuation
Do Yorkshire Bank Home Loans Ltd arrange for there to be a valuation report and if so, do they provide it to their approved lawyers ?
5.5.1a 01/12/2014 CML
requirements in terms of time for planning consents
6.14.4 01/12/2014 CML
sending a copy of the buildings insurance policy and last premium

Last update 10/11/2019

FAQs for the Yorkshire Bank Solicitor Panel from members of the public

I was advised recently by my mortgage broker that my the law firm I have appointed is not on the Yorkshire Bank Solicitor panel. How can I be certain that this is indeed the case?
The best course of action for you to take is to contact your lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may recommend you to a firm that is on the the approved Yorkshire Bank solicitor panel.
Can you clarify something for me?. For no fault of my lawyer but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Yorkshire Bank was dated random date and we have agreed a date for me to move into the property on 10 days inc Day of week eg. Mon. My lawyer informs me that as she is on the Yorkshire Bank conveyancing panel she needs to reorder the searches as they are no longer acceptable to the lender.
One of the many conditions to being on the Yorkshire Bank approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Yorkshire Bank)which states that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Yorkshire Bank.
Do all the licensed conveyancers and solicitor practices listed on your directory have online case tracking as I understood that this was a condition of being on the Yorkshire Bank conveyancing panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
My uncle passed away 10 months ago and as sole heir and executor was left the property. The house had a small mortgage remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Yorkshire Bank , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Yorkshire Bank will insist on your using a conveyancer on the Yorkshire 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 Yorkshire 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 Yorkshire Bank mortgage is registered as a charge at the Land Registry.
I am selling my apartment. I had a double glazing fitted in month 8 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Yorkshire Bank are being difficult. The solicitor who is on the Yorkshire Bank conveyancing panel is recommending indemnity insurance as a solution but Yorkshire Bank are insisting on a building regulation certificate. Why do Yorkshire Bank have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Yorkshire Bank have referred the matter to their valuer. The reason why Yorkshire Bank 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.
Planning on purchasing a flat with a mortgage with Yorkshire Bank. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire Bank conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Yorkshire Bank conveyancing panel
I was told three weeks ago that my mortgage has been agreed to by Yorkshire Bank. Is it usual for Yorkshire Bank to only issue the offer once my solicitor is approved on their conveyancing panel?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire Bank to deal with your lawyers application to be on the Yorkshire Bank conveyancing panel. There's no guarantee that your solicitors will be accepted.