Tag: Conveyancing Quality Scheme
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CQS CPMS is evolving. Ready for the changes?
Effective May 2022, modifications to the Conveyancing Quality Scheme (CQS) practices for Part 2 of the UK Finance Lenders’ Handbook will be implemented. The newly introduced Core Practice Management Standards (CPMS) by CQS outline updated procedural guidelines for Part 2 of the handbook, mandating adherence. 6.4(b) of the the new CPMs requires that firms must…
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Accord Mortgages Solicitors Panel extended to BTL mortgages
Accord Buy to Let announced last week that it is widening its solicitor panel. The number now on their panel will be in the region of 2000 strong. Conveyancing Solicitors on the current Accord Mortgages residential panel will now be accepted for buy to let conveyancing if they possess the Conveyancing Quality Scheme (CQS) accreditation…
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What do Santander propose to do with Licensed Conveyancers?
A significant proportion of the conveyancing industry risk being removed from Santander’s conveyancing panel at the end of March unless they obtain the Law Society’s Conveyancing Quality Scheme accreditation.A Santander spokesman said: ‘As part of the bank’s efforts to manage risks associated with mortgage lending, we are committed to managing our panel of conveyancing providers.…
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Law Society spin Drs kick into gear in response to HSBC panel pruning
Last Friday HSBC launched the latest attack in war against the majority of conveyancing solicitors by announcing a limited a panel of 43 firms to handle its mortgage work, which customers will not be obliged to use as well – but it will be much cheaper if they do. The Law Society have used the…
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Renewal time for Conveyancing Quality Scheme
A year has now passed since the launch of the Law Society’s Conveyancing Quality Scheme (CQS). Just over 1000 accredited conveyancing firms across England & Wales with more in the pipeline. But has the scheme has been success for the profession in 2011? The Law society have stated “ We have already put in place…