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approved by Landbay

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 Conveyancing Panel

I appointed a solicitor to carry out on my house purchase three weeks ago having applied for a mortgage with Landbay Partners. The law firm reassured me that they are on Landbay Partners conveyancing panel and gave me their panel reference. Landbay Partners then told me that their panel number was dormant and would need to be reactivated. What happens next? Should I appoint a new solicitor listed on the conveyancing panel for Landbay Partners?
You may be very frustrated with the lawyer but if it only go take a few more days they it may be worth waiting as, depending on how far progressed you are you may end up delaying the transaction by a number of weeks if you need to replace your solicitor You may wish to enlist the help of your broker to check with the Landbay Partners as to the time frame to get your lawyer reinstated on the panel once again.
Much to my surprise my solicitor is asking me for ID documents saying that this is part of his requirements as a solicitor on the Landbay Partners Solicitor panel. Can this be correct?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer is right that Landbay Partners also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Landbay Partners CML Handbook requirements last updated on Landbay Partners
Your search tool is useful but there are many lawyers listed near Middlesbrough on the Landbay Partners conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the Landbay Partners approved panel?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
The lawyers that just started acting on my purchase in Brighton has without warning closed. I chose them because I had to have a firm on the Landbay Partners conveyancing panel and my previous lawyer was not. I gave them a cheque for £150 in advance. What do I do now?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Landbay Partners conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist
Can I be sure that the solicitor on the Landbay Partners panel is any good?
seeking recommendations is a good start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor conducting your transaction
Two weeks ago we had a mortgage agreed in principle with Landbay Partners. Solicitors have been appointed? What is the average time that one could expect to receive a mortgage offer from Landbay Partners?
Some lenders take longer than others. Have Landbay Partners conducted the valuation? Have you advised Landbay Partners as your lawyers details and checked that your lawyer is on the Landbay Partners conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
My offer was accepted on a house on the 20th January 2014, valuation was booked 4 days later, all came back fine. Property lawyer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Landbay Partners and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Landbay Partners conveyancing panel. Are Landbay Partners entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Landbay Partners to deal with your lawyers application to be on the Landbay Partners conveyancing panel. There's no guarantee that your solicitors will be accepted.