Tag: Lender Audit

  • Lender Panels: Shifting Sands

    For the over decade, conveyancing firms have viewed lender panel membership as a stable foundation for their business. But the landscape is shifting. As was the case in 2010, the “set it and forget it” era of lender panel management is over, replaced by a climate of intense scrutiny, data-driven oversight, and a hardening of…

  • The Pandemic Induced Panel Cull

    Research by a peer to peer lending platform Sourced Capital has found that the UK property market could see a double-digit rate of property value decline, with the market taking over five years to recover, while the number of property repossessions could also soar as a result of a COVID-19 induced recession. It is too…

  • Why even a prophet of doom can be comforting

    [From a number of years ago, even more relevant right now] I’m a specialist in risk, so I can sometimes be accused of being a little conservative in outlook, even for a lawyer. But I suspect that this blog post will have some lawyers reaching for their thesaurus to find stronger words, like “worrier”, “pessimist”…

  • Proving Conveyancing Quality to PI Insurers

    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.…