Zephyr Mortgages Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based 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 facilitates the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Zephyr Mortgages’s changes. Even though using this technology is not a prerequisite for Zephyr Mortgages , demonstrating you can stay up to date with Zephyr Mortgages’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your firm’s panel status.

The software creates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, results in a PII saving.

Find a Law Firm approved by Zephyr Mortgages

Mortgage companies often change their requirements. The UK Finance Lenders’ Handbook requirements from Zephyr Mortgages 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, Zephyr Mortgages has made 50 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 54.6 days. In total, 25% of the sections of P2 of the UK Finance Lenders’ Handbook for Zephyr Mortgages have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
5.14.9 25/10/2019 CML
Leasehold Conveyancing
Contact details at Zephyr Mortgages for conveyancing panel lawyers for matters relating to the lease.
6.7.1 05/06/2019 CML
New Build Conveyancing
Zephyr Mortgages panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
16.5.3d 31/10/2018 CML
Option Agreements
Contact details at Zephyr Mortgages for approved lawyers to send option agreements .
3.2.4 31/10/2018 CML
Sellers not having Legal Representation
Contact details at Zephyr Mortgages for approved lawyers to used where Zephyr Mortgages needs to be notified when the seller does not have legal representation.
5.14.15a 31/10/2018 CML
Leasehold Conveyancing; Absentee Freeholder
Contact details at Zephyr Mortgages for approved lawyers where there is an absentee freeholder/insolvent landlord.
Absentee Landlord Indemnity Insurance
5.14.9 31/10/2018 CML
Leasehold Conveyancing
Contact details at Zephyr Mortgages for approved lawyers for matters relating to the lease.
5.16.2 31/10/2018 CML
Leasehold Conveyancing : Management Company
Contact details at Zephyr Mortgages for conveyancing panel lawyers if unable to certify search entry on bankruptcy search does not relate to borrower.
6.8.1 31/10/2018 CML
Roads and Sewers
Contact details at Zephyr Mortgages for conveyancing panel lawyers if no agreement and bond for an unadopted road or sewer
Adoption of Road or Sewer Indemnity Insurance
6.9.1 31/10/2018 CML
Easements
Contact details at Zephyr Mortgages for conveyancing panel lawyers if necessary easements are absent
Unknown Rights and Easements Indemnity Insurance
5.2.1 31/10/2018 CML
Seller not registered
Contact details at Zephyr Mortgages for conveyancing panel lawyers for where the seller is not the owner or registered proprietor and is not listed in the exceptions in the CML Handbook P1.

Last update 23/03/2020

Zephyr Mortgages Solicitor Panel Example Support Desk Enquires from members of the public

How easy is it to change a solicitor as I need to find one who is on the Zephyr Mortgages conveyancing panel. Is it practical to instruct different lawyers?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
I am buying a newly built flat and my conveyancer is advising me that she is duty bound to reveal incentives from the seller as her practice is on the Zephyr Mortgages conveyancing panel. The Estate Agents are hassling me to exchange contracts and I have no desire to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Zephyr Mortgages approved panel is to comply with the CML Handbook requirements (last updated for this lender on Zephyr Mortgages). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am looking for conveyancing quotes online. Can I be sure that all the practices that are listed on your website are on the Zephyr Mortgages conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have advised us that they are on the Zephyr Mortgages panel and agreed to advise us to take down their listing in the event of removal off of the Zephyr Mortgages 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 Zephyr Mortgages conveyancing panel is not accurate.
I am buying a semi-detached house and getting a mortgage with Zephyr Mortgages. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Zephyr Mortgages conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Zephyr Mortgages conveyancing panel in your location.
I am buying a property where the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Zephyr Mortgages be concerned
As you are obtaining a mortgage with Zephyr Mortgages your lawyer must to check the Zephyr Mortgages conveyancing instructions contained in the Part of CML Handbook for Zephyr Mortgages . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Zephyr Mortgages where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.
I have paid off my mortgage with Zephyr Mortgages. I assume I don't need a solicitor on the Zephyr Mortgages panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Zephyr Mortgages 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 Zephyr Mortgages mortgage from the register. Zephyr Mortgages,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 Zephyr Mortgages has sent the Land Registry the discharge electronically, and the Zephyr Mortgages has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Zephyr Mortgages mortgage has been paid off.
I am currently in the process of buying my council flat. I have a mortgage agreed with Zephyr Mortgages. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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 Zephyr Mortgages you will need to appoint a solicitor on the Zephyr Mortgages conveyancing panel.