Cambridge Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and PI insurers. It is a unique risk management tool.

This software assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Cambridge Building Society’s changes. While using COMPLETIONmonitor is not a prerequisite for Cambridge Building Society , demonstrating you can stay 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 system creates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for many firms, results in reduced PII premiums.

Find a Law Firm approved by Cambridge Building Society

Lenders frequently vary 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, over time:

A Timeline of Policy Changes

Since 2010, Cambridge Building Society has made 34 revisions or additions to sections of their version of the BSA Requirements.
That equates to a section change every 80.3 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,

Book a Personalised Demo

Recent Changes Include

# Date Assoc. Changes Related To
F.19 17/05/2019 BSA
C.12 07/09/2016 BSA
D.22 29/01/2014 BSA
D.55 29/01/2014 BSA
D.57 29/01/2014 BSA
E.10 29/01/2014 BSA
C.10 13/08/2013 BSA
D.34 13/08/2013 BSA
F.9 13/08/2013 BSA
C.12 13/08/2013 BSA

Last update 07/01/2020

FAQs : The Cambridge Building Society Conveyancing Panel from members of the public

I am obtaining a offer of a mortgage from Cambridge Building Society. I would like to enlist the help of a Licensed Conveyancer. Does the Cambridge Building Society Solicitor panel allow for conveyancers regulated by the CLC
Cambridge Building Society’s conveyancing panel is, like many other lenders associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
Please help. My solicitor is informing me me that she is duty-bound to order a Local Authority search as the firm are on the Cambridge Building Society conveyancing panel. The searches cost a lot of money. Can this be avoided?
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.
How do I find a local solicitor on the Cambridge Building Society conveyancing panel? I have a car and am prepared to travel up to 20 kilometers to meet the solicitor.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Cambridge Building Society solicitor panel.
I am attempting to get my former partner taken off the mortgage deeds. Can Cambridge Building Society really insist on which solicitor I can or can not instruct?
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
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 properly dealt with 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.

I have instructed a lawyer having checked that they are on the Cambridge Building Society conveyancing panel. Does my lawyer arrange the survey of the property? Or Having digested plenty of mortgage guides,I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my solicitor - who is on the Cambridge Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Cambridge Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Cambridge Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller. or Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Cambridge Building Society you could contact your them to see if they have a list of approved surveyors.
Sometime soon me and my wife are taking a long lease of a flat in Hendon. Conveyancing solicitors in Hendon are preferred to beappointed. My colleagueadvised that we double-check that the property lawyer in Hendon is on the Cambridge Building Society approved list of lawyers. Is this right?
It is not that case that all Hendon conveyancing solicitors are on the Cambridge Building Society conveyancing panel. 8 people a month use our search tool to search for a Hendon conveyancing firm on the on the Cambridge Building Society panel.