About CQS Conveyancing

In the lead-up to PI insurance renewals, Lexsure are offering firms the ability to commission a lender compliance audit which can be used to evidence to professional indemnity insurers the quality of their conveyancing. The independent assessment reviews files based on the UKF Handbook Requirements as of the date of the mortgage offer on file. Until now, Lexsure restricted the availability of their audit facility to a policy of dealing with lenders and insurers but are now making the facility available directly to firms. Everyone knows that conveyancing is the highest-risk area of legal practice with lenders dominating the instigation of claims. Firms that are confident of their quality and compliance with lender requirements should be able to evidence to their PI insurers that they are managing risk properly. In carrying out an audit, the assessor (non-practicing solicitors with over 20 years conveyancing experience) utilise Lexsure’s proprietary technologies which incorpo...

The Pepsi Challenge signaled a major shift in the cola landscape. In 1975, Coke dominated the cola market having held the number 1 position for decades.  Pepsi was the underdog looking to prove something. They were hungry and willing to mix it up. Pepsi came up with a bold revolutionary strategy to do just that. That idea was the Pepsi Challenge. Pepsi went inside malls around the USA and invited people to do a blind taste test between Coke and Pepsi. The challenge was designed to be a direct response to critics who allege that Coca Cola and Pepsi Cola are identical drinks, with no meaningful differences. The results were remarkable; people picked Pepsi over Coke by a significant margin. Leading law tech company Lexsure are offering up to 50 firms to conduct, free of charge, their own version of the Pepsi challenge. Will Lexsure’s ENQUIRYgenerator technology outperform a firm’s conventional method of raising additional enquiries? There are the two options as to how the cha...

The three month period between June and September 2018 witnessed significant activity when it came to lenders changing their Handbook instructions. Conveyancers may have taken a well earned break during the summer but lenders did not rest when it came to altering their requirements for panel firms. Here are some of the facts and figures: Lender Sections Changed Separate Change Events Barclays Bank UK PLC 3 2 Halifax 8 4 HSBC Bank plc 11 5 Nationwide Building Society 9 6 Santander UK plc 12 5 Skipton Building Society 4 3 Virgin Money plc 1 1 A full list can be found here : The total number of sections varied in the summer period was 253 with 47 lenders making changes. Email notifications via the LENDERmonitor Notification Service was sent to over 650 lawyers. The highest open rates were by top-200 law firms who, in this regard, display a healthy appetite towards lender compliance. 60% of LM04 pre-COT date range sea...