Find a Law Firm
approved by Cambridge BS
Ready to buy a new home? Failing to check that a lawyer is on the Cambridge BS list of approved solicitors can put your transaction at risk of delay or failure.
Find an Approved Solicitor on the Cambridge Building Society Conveyancing Panel
Cambridge Building Society Conveyancing Panel : Questions and Answers
For what reasons would a law firm be removed from the Cambridge Building Society approved conveyancing panel?
According to a recent survey report by the solicitors regulator three quarters of law firms had been excluded from a lender panel. The most common reasons in order are :
- lack of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction
- regulatory contact by SRA
- accidental removal. We are not aware of the specific or common criteria for removal by Cambridge Building Society
I do hope you can help me. My conveyancer is advising me that he is legally obliged to apply for a Local Authority search as the firm are on the Cambridge Building Society approved lawyer panel. Is this really necessary?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with Cambridge Building Society your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of Cambridge Building Society’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Cambridge Building Society. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
I am looking to buy a flat and require a conveyancing solicitor in Leeds who is on the Cambridge Building Society approved. Could you point me in the right direction as regards a conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Cambridge Building Society . We don’t recommend any particular firm.
I was supposed to move into my dream home yesterday. My solicitor is on the Cambridge Building Society conveyancing panel but has changed address in the past couple of months and had not informed Cambridge Building Society of their new address. Cambridge Building Society is now refusing to release my funds until such time as their systems are up to date with the correct details.
This is as unusual as it is unlucky. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Cambridge Building Society branch or your mortgage broker to see if they can assist.
We were going to get a DIP from Cambridge Building Society this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Cambridge Building Society recommend a solicitor on the Cambridge Building Society conveyancing panel, or is it better to go independently
You will need to appoint solicitors independently although you'll need to choose one on the Cambridge Building Society conveyancing panel. The solicitor represents both you and the Cambridge Building Society through the process.
I'm in the throws of looking at flats and am about to put in an offer. Is it best to have a conveyancer on ‘stand by’? I will be getting a mortgage with Cambridge Building Society
It would be sensible to have your start your search soon rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Cambridge Building Society , make sure you remember to check that your lawyer is on the Cambridge Building Society conveyancing panel.
I have not been happy with the level or service received from my lawyer. Is there a Cambridge Building Society conveyancing panel complaints department or do I complain directly to the law firm?
There is little point in complaining directly to Cambridge Building Society. Every solicitor firm and conveyancer must have a complaints procedure. You can get information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is addressed by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.