Landbay Partners Conveyancing Panel Information

There are many reports available, five of which are as follows:

• Average mortgage advance
• Analysis as to the nature of clients (e.g.existing/new/seen in person)
• The percentage of the firm’s business which is conveyancing (broken down into sale/purchase and remortgage)
• Average time frame to register charges at the Land Registry
• Buy to Let transactions

The answer to this question really depends on the reason that your firm has been removed off the Landbay Partners conveyancing 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.

In these three circumstances it is unlikely that you would expected to take any action. Disclosure and other compliance considerations are more likely to be relevant if the reason for removal is due to breaches of lender requirements or allegations of fraud or negligence. Whether the reasoning should trigger a disclosable 'material' breach will depend on the firm and the circumstances around possible failures to comply with the SRA Authorisation Rules, and the SRA will judge each case on its own merits. Factors such as the detriment or risk of detriment to clients, the scale of the issue and overall impact on the firm will need to be considered in deciding whether a failure is 'material'. As the compliance officer you will need systems to identify patterns of breaches. Even if you don't consider there to be regulatory implications the firms COFA should give some thought to whether she/he needs to take any action as result of being removed from the Landbay Partners conveyancing panel.

8 borrowers attempt to locate a property lawyer on the Landbay Partners panel on a monthly basis in Hendon. The lenderpanel directory service team who will show you how your firm can be found by those searching for conveyancing in Hendon.

The best placed professionals to answer this question are your insurance brokers. 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 Landbay Partners solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You should get in touch with Landbay Partners to obtain standard documents. The The Council of Mortgage Lenders Handbook includes an explicit inquiry for banks to enumerate who to contact to obtain standard documents. Landbay Partners in their Part 2’s state: It is likely that you will need to quote the firm’s Landbay Partners solicitors panel reference.