Lender Conveyancing Panel
-
Yorkshire Building Society Panel Requirements: Insurance and Eligibility
Today’s conveyancing news highlights the launch of the Mortgage Market Review (MMR) and Yorkshire Building Society’s decision to limit its conveyancing panel to firms with A-Rated insurer coverage. This reflects heightened lender scrutiny in the housing market, still affected by the 2008 financial crisis, prompting tighter financial monitoring.
-
Is the Welcome Mat Gone from the HSBC Conveyancing Panel?
Two years after complaints from customers and lawyers forced HSBC to ditch its controversial plan to drastically reduce their conveyancing panel, confusion reigns as to whether the lender’s panel is, in fact, now closed regardless of whether a firm is accredited by the Law Society’s Conveyancing Quality Scheme (CQS). HSBC allowing CQS firms on their…