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Yorkshire Building Society 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 Yorkshire Building Society Conveyancing Panel?
Check your firm’s panel Status
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How can my firm be reinstated onto the Yorkshire Building Society Conveyancing Panel?
Check your firm’s panel Status

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk management tool.

This software facilitates the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Yorkshire Building Society’s changes. While using this technology is not a condition for being on the Yorkshire Building Society panel, demonstrating you can stay up to date with Yorkshire Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your panel standing.

The software creates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to a PII saving.

Find a Law Firm approved by Yorkshire Building Society

Banks and building societies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Yorkshire 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, Yorkshire Building Society has made 285 revisions or additions to sections of their version of the UK Finance Handbook.
That equates to a section change every 9.6 days. In total, 45% of the sections of P2 of the UK Finance Lenders’ Handbook for Yorkshire Building Society have been changed since 15/12/2008.

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Yorkshire Building Society Conveyancing Panel : Questions and Answers from members of the public

Is there a reason why all property lawyers aren't included on the Yorkshire Building Society Solicitor panel?
Mortgage companies point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year. The removal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lenders to review their conveyancing panels, which kicked off a major policy change in the sector. It led to banks and building societies purging less reputable firms off their books
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 Yorkshire Building Society will not agree to this. Why was Yorkshire Building Society even consulted?
Your lawyer being on the Yorkshire Building Society conveyancing panel is duty bound to inform Yorkshire Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Yorkshire Building Society then they would have to discontinue acting for you and Yorkshire Building Society.
I am searching for conveyancing quotes online. Can I be sure that all the law firms that are listed on your site are on the Yorkshire Building Society conveyancing panel?
The law firms on our directory have assured us via an online form that they are on the Yorkshire Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Yorkshire Building Society panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Yorkshire Building Society conveyancing panel is not accurate.
I am refinancing my house does my lawyer need to be on the Yorkshire Building Society Conveyancing panel?
There is nothing to stop you using your solicitor but Yorkshire Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I am about to exchange contracts on a purchase with a mortgage from Yorkshire Building Society. The report from my solicitor mentions that Yorkshire Building Society could withdraw their offer before completion. Is this right?
Lenders such as Yorkshire Building Society can withdraw their mortgage offer although this rarely happens. In the unlikely event that Yorkshire Building Society withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are various possible reasons but here are a few examples:
  • Where information comes to Yorkshire Building Society ‘s attention regarding the customers or the security that they were not aware of prior to offer that affects their original decision to lend
  • Many mortgage offers have an expiry date. Your lawyer should check this. Yorkshire Building Society may amend or withdraw an offer before the end of its validation period if an offer extension is requested and following a re-evaluation of the property the value of the security is below a level which is acceptable to them.
  • If the financial circumstances of the borrower have changed to the detriment and the Yorkshire Building Society has been notified
  • Amendments if purchase price adjusted and the loan to value limits exceeded by this. Please note that Yorkshire Building Society conveyancing panel solicitors would be obliged to notify Yorkshire Building Society of a change in the price of the property.
  • Where the Lender’s right to possession is fettered in some way
I have paid off my mortgage with Yorkshire Building Society. I assume I don't need a solicitor on the Yorkshire Building Society panel to remove the mortgage at the Land Registry. Please confirm
If you have finished paying off your Yorkshire Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire Building Society mortgage from the register. Yorkshire Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Yorkshire Building Society has sent the Land Registry the discharge electronically, and the Yorkshire Building Society has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Yorkshire Building Society mortgage has been paid off.
After much negotiation I have agreed a price on an apartment. My mortgage broker suggested a solicitor I paid an upfront payment of 150. Soon after the conveyancers contacted me to say that they were not on the Yorkshire 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 Yorkshire 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.

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