Lender panel removal
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Solicitor Removed from Your Lender’s Panel: What Happens to Your House Purchase?
Discovering that your solicitor has been removed from your mortgage lender’s panel can be unsettling, particularly when searches are complete, enquiries have been answered and your mortgage offer has arrived. Do you need another solicitor? Can the work already completed be transferred? Will you have to pay another full conveyancing fee? The answers depend on…
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Lexcel Accredited but Removed from Lender Panels: The AML Blind Spot Behind the Badge
A firm maintained Lexcel accreditation for more than ten years but was removed from key lender panels after an SRA AML audit. What does that reveal about accreditation, independent AML audits and the risk of false assurance?