Looking for information about your firm's panel status?
Landbay Partners Conveyancing Panel: Recently Asked Questions
Can my practice submit a complaint to the CML about being excluded from the Landbay Partners conveyancing panel?
The Council of Mortgage Lenders is an association rather than a regulator and therefore will not investigate grievances against lenders. You can of course contact Lexsure to see if we can assist.
Can you suggest any advice if we wish to challenge being removed from the
Landbay Partners solicitor panel?
Should you firm be removed from the
Landbay Partners conveyancing panel and you are unaware of or disagree with the reasons for your removal you should: (a) Contact
Landbay Partners directly. (b) If there is an appeals process detailed on your letter you should follow the process.
In appealing a decision by Landbay Partners, it may be useful to provide the following information:
- Full disclosure of your conveyancing history
- Your COMPLETIONmonitor reports, assuming you use the Lexsure software
- Your recent claims history
- comprehensive details of all employees in your firm and their position.
- Note down if a solicitor has been admitted to the role on completion of the Qualified Lawyers Transfer Test.
- Forward duplicate practising certificates, the firm's current professional indemnity policy and the firm’s accountant's certificate, summarising the % of the firm's gross fee income is resulting from residential conveyancing
It is encouraging that some firms have been able to regain membership to panels notwithstanding the policy by the respective lenders to refuse panel membership to firms with certain profiles or characteristics. The success is primarily due to the firms’ ability to persuade the lender to make an exception if there is sufficient evidence to reassure them that the firm is a ‘low risk’.
Do you have any idea what Lenders such as
Landbay Partners are asking for when it comes to applying to be on their approved conveyancing panel?
Criteria differ from lender to lender.
We do not hold specific requirements relating to the questions raised as part of the application to be on the
Landbay Partners conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):
List of all solicitors within firm
Structure of firm and, where applicable, its group
Full complaints history for each conveyancing solicitor
conveyancer client account(s) details
top-up split and history of any refusals
Summary of annual accounts
Full career history for each solicitor including admission date to the relevant Law Society
Number of partners per branch of the firm
SRA or equivalent regulator registration number where applicable
Whether any lender has ever made a claim against the firm’s PII cover
I have read a number of legal articles recently about firms being sued for non-compliance with Part 2 requirements . I am on the
Landbay Partners conveyancing panel can you tell me how Part 2 changes took place by
Landbay Partners during 2013?
During 2013, 0 sections of the UK Finance Lenders’ Handbook P2 were changed by
Landbay Partners. Some changes are more important than others but as a firm on the
Landbay Partners conveyancing panel you are of course obliged to comply with individual lender requirements, as set out in Part II of the UK Finance Lenders’ Handbook. Locktons have recently pointed out in an article that non-compliance with Part 2 requirements account for a number of high value claims, and it is therefore important to be aware of any particularly onerous terms that an individual lender may impose.
Remember: CML requirements are not guidelines; they are the lender client’s instructions.
The firm that I work for is on the
Landbay Partners conveyancing panel. I am dealing with
Landbay Partners mortgage on a purchase. My borrower client is asking not to disclose an issue to
Landbay Partners. What do I do in this conflict situation?
When a solicitor is acting for both
Landbay Partners and borrower there is potential for conflicts
to arise. You owe duties to both clients. All information received by
you from your client is confidential and cannot be disclosed without
the client’s consent. In the situation you find yourself in if the
purchaser will not consent to the information being passed on to the
lender the solicitor must cease to act for the Landbay Partners
and it may well be prudent you to cease to act for the purchaser as
well. You can not tell the Landbay Partners the reason for
termination of the retainer over and above the fact that a conflict
has arisen. The fact that you can no longer act should alert even the
most somnambulistic of lenders that something is wrong with the
borrower and/or purchase. The fact that you have disinstructed
yourself should not affect your Landbay Partners conveyancing
panel status.
Lockton’s PI Insurance renewal form asks if my practice had been excluded from any mortgage panels in the last 12 months.
I recently became aware that the firm is no longer on the
Landbay Partners conveyancing panel? Will that impact my insurance?
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.
Our practice is on the
Landbay Partners
conveyancing panel and all set to complete a remortgage within the next week. I can not locate a Legal Charge for the client to sign.
Who do I contact at Landbay Partners to get a duplicate Deed?
You should contact Landbay Partners
to obtain standard documents. The The Council of Mortgage Lenders Handbook contains an individual inquiry for banks to establish who to contact to obtain standard documents.
Landbay Partners in their Part 2’s state:
Don’t forget to disclose the firm’s Landbay Partners solicitors panel reference.
Find a Lawyer on the Landbay Partners Conveyancing Panel
powered by LenderPanel
Average number of days to register title including a charge in favour of Landbay Partners
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2026 | [no data] |
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Landbay Partners Firms
- Draft Report on Title precedent for Landbay Partners borrowers
- Draft Anti Money Laundering PolicyTemplate for Landbay Partners panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Landbay Partners lender panel
- Buy-to-Let help for Landbay Partners
- Consent-to-Let help for Landbay Partners
- Contractor Mortgages with Landbay Partners
