Lloyds Conveyancing Panel Information

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by Lloyds and to assist in remaining on the Lloyds Solicitors Panel.

Lloyds Solicitor Panel: Recently Asked Questions

Are Lloyds Conveyancing panel solicitors under an obligation to disclose incentives?
Lloyds’s answer to this question can be found at section 6.4.4 of their CML Part 2 requirements

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I am on the Lloyds conveyancing panel. Can I get an archived copy of a Lloyds Part 2 from the CML?
The Council of Mortgage Lenders do not retain data sets of P2 requirements pre-December 2010. We would recommend you contact Lloyds directly.
Lloyds would like me to represent them alone on a residential conveyancing matter , using the CML Lender’s Handbook. The borrower has his own solicitor (not on the Lloyds conveyancing panel) How will this operate and are there different instructions from Lloyds in this situation?
The CML, along with Lloyds and other members created a standard set of requirements where a conveyancer is representing a lender such as Lloyds alone in a residential conveyancing matter. These requirements are contained at Part 3 of the UK Finance Lenders’ Handbook and are to be followed in conjunction with Sections One and Two. The CML have published an example requirements letter to the borrower’s conveyancer for use by the lender's conveyancer, and sets out to the borrower's conveyancer, the documentary and information requirements of the lender's panel conveyancer.
Is there a standard appeals process to prevent solicitors from being unfairly removed them from lender conveyancing panels?
We have come across many solicitors who feel they have been removed from lenders’ panels without an explanation or a good reason. It is highly unlikely, given that lenders have distanced themselves from creating a standardised appeals process for brokers, that an appeals process will be introduced for lawyers. Commenting on the call by brokers to have a standardised process the CML said’ “While we understand that some lenders do have an appeals process, it would not be appropriate for a trade body such as the CML to seek to be prescriptive about such a process.” Some lenders do of course set out an appeals policy. The Law Society does have information on it’s site that may be of assistance. If you would like to talk to one of our compliance experts about our Lender Panel Protection Service please click here.
JLT’s PII renewal form asks if my firm had been removed off any lender panels in the last year. I recently found out that the practice is no longer on the Lloyds solicitor panel? Is this likely to effect my PII premium?
Your insurance brokers are your best port of call to address this question. The chances are that on the basis that you have not been removed for fraud or negligence reasons that there will be little or no impact. The main reason why a firm would be removed off of a lender panel is due to low volume of conveyancing cases although there may be a number of criteria for Lloyds solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.
Our practice is on the Lloyds conveyancing panel and all set to complete a remortgage within the next week. My file does not contain a Mortgage Deed for the client to sign. Who do I contact at Lloyds to request substitute deeds?
You would be advised to get in touch with Lloyds to obtain standard documents. The The Council of Mortgage Lenders Handbook includes an express inquiry for lenders to reveal who to contact to obtain standard documents. Lloyds in their Part 2’s state:
Please remember to quote the firm’s Lloyds solicitors panel number.

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Average number of days to register title including a charge in favour of Lloyds
This information relates to purchase only and not remortgages.
YearDays*
2024 [no data]
2023 56.3
2022 [no data]
2021 [no data]
2020 [no data]
2019 54.7
* Data aggregated from sources including COMPLETIONmonitor