Cambridge Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.

This software assists the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Cambridge Building Society’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a prerequisite for Cambridge Building Society , demonstrating you can remain up to date with Cambridge Building Society’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, safeguard your firm’s panel standing.

The software generates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, leads to a PII saving.

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Banks and building societies frequently change their requirements. The BSA instructions from Cambridge Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes


Since 2010, Cambridge Building Society has made 33 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 82.7 days. In total, 28% of the sections of the BSA Requirements for Cambridge Building Society have been changed since 26/1/2010.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
D.13 23/11/2018 BSA
C.12 07/09/2016 BSA
C.12 15/05/2015 BSA
C.11 29/01/2014 BSA
C.27 29/01/2014 BSA
E.1 29/01/2014 BSA
E.10 29/01/2014 BSA
B.3 29/01/2014 BSA
D.34 13/08/2013 BSA
F.9 13/08/2013 BSA

Last update 27/05/2019

Cambridge Building Society Conveyancing Panel : Questions and Answers from members of the public

I am getting a mortgage with Cambridge Building Society. I hope to use a Licensed Conveyancer. Does the Cambridge Building Society Solicitor panel allow for Licensed Conveyancers
Cambridge Building Society’s conveyancing panel is, like many other lenders represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
I do hope you can help me. My lawyer is advising me that he has to order a Local Authority search as the firm are on the Cambridge Building Society conveyancing panel. Do I not have a choice here?
You have limited options available to you. As you are taking a mortgage 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.
Do I need to pop into the offices of the Cambridge Building Society conveyancing panel solicitor to execute the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Manchester so that I can pop in to their offices when needed.
Most conveyancing panel lawyers for Cambridge Building Society undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.
I am trying to get my ex-husband taken off the mortgage deeds. Can Cambridge Building Society really tell me which solicitor I can or can not retain?
You can use any solicitor you like but Cambridge Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Cambridge Building Society solicitors panel
Do conveyancing lawyers on the Cambridge Building Society conveyancing panel work on a no move no charge 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
My wife and I have arranged a further advance on our mortgage from Cambridge Building Society as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Cambridge Building Society conveyancing panel to deal with the paperwork?
Cambridge Building Society do not ordinarily appoint a member of their conveyancing panel to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Cambridge Building Society list
I have today made my last payment due on mortgage with Cambridge Building Society. I assume I don't need a solicitor on the Cambridge Building Society panel to remove the mortgage at the Land Registry. Please confirm
If you have finished paying off your Cambridge Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Cambridge Building Society mortgage from the register. Cambridge Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Cambridge Building Society has sent the Land Registry the discharge electronically, and the Cambridge Building Society has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Cambridge Building Society mortgage has been paid off.