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Ready to buy a new home? Failing to check that a lawyer is on the Landbay list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the Landbay Partners Ltd Conveyancing Panel

Q and A’s regarding the Landbay Partners Solicitor Panel

The conveyancer I wanted to use for conveyancing on a remortgage said she will levy higher legal fees if my lender is due to their unusual legal requirements. Will I regret using Landbay Partners? Is Landbay Partners conveyancing so much more difficult?
Landbay Partners conveyancing requirements for their panel are no better or no more complicated than most lenders. It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender. It is not clear if your lawyer is on the Landbay Partners conveyancing panel. If they are not, this does add further risk of delay as Landbay Partners will appoint their own solicitors to look after their interest.
I am buying a new build duplex and my solicitor is informing me that she has to reveal incentives from the developer as her firm is on the Landbay Partners conveyancing panel. The Estate Agents are hassling me to sign contracts and I dont want to delay matters. Is my lawyer right?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Landbay Partners approved panel is to comply with the CML Handbook requirements (last updated for this lender on Landbay Partners). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Landbay Partners conveyancing panel. My lawyer has said that they are on the Landbay Partners approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Landbay Partners conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Landbay Partners solicitor panel.
We're in Liverpool, FTBs purchasing with a mortgage (lender is Landbay Partners , but our lawyer is on the Landbay Partners conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Landbay Partners conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
Is it the case that all conveyancing lawyers on the Landbay Partners conveyancing panel work on a no sale no fee basis?
In the main there are no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their package
Do most lenders operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Landbay Partners conveyancing panel requirements are different to Landbay Partners’s conveyancing panel criteria.
It is not clear whether my mortgage offer requires a lease extension . I have telephoned Landbay Partners on various occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Landbay Partners conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. I simply dont know who is right
Your lawyer has to follow the CML Handbook Part 2 requirements for Landbay Partners. Unless your lawyer obtains specific confirmation in writing that Landbay Partners will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Landbay Partners to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.