CQS
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Lenders Continue Punching Away at CQS
Lender Panels are experiencing a surge, with West Bromwich launching a new conveyancing panel following Santander and Lloyds. This move reflects lenders’ increasing control over such panels, raising concerns for CQS. The new West Bromwich portal aims to ensure firm credibility, with LMS highlighting quality and security without high fees, appealing to the mutual sector.
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At last, some good news for Sole Practitioners
For the first time in a long time, a lender has changed its tune on not allowing sole practitioners on their conveyancing panel. Astra Mortgages’ published panel requirements via the BSA Mortgage Instructions used to state ‘No sole partner practices will be accepted’. This restriction has now been removed, although new conditions such as being…