Tag: Lloyds Conveyancing Panel
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Handbook Changes – Top Lenders Start 2018 with Updates
It has been a busy start to 2018 when it comes to lenders changing their Handbook instructions. Three weeks into to the new year eleven lenders have updated their instructions via Part 2 of the UK Finance Mortgage Lenders’ Handbook for conveyancers. Twenty six sections have been changed. Examples of top lenders who have made…
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Finally…good news for conveyancing lawyers
I can understand why a conveyancing lawyer might have a persecution complex. During the last twenty years the industry has been subjected to ever more risks at a time when fees are being driven down. As if to add salt into the wound, it is often to lawyers who are the first port of all…
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Rooftop Mortgages Conveyancing Panel – New Part 2 Requirements
Conveyancing solicitors on the Rooftop Mortgages Conveyancing Panel can, as from today, carry out personal local authority searches as opposed to being required to carry out official searches. In a change to the lender’s CML Handbook Part Two requirements the answer to section 5.4.5 (Does the lender accept personal searches and, if yes, what are…
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Why the Lloyds Conveyancing Panel Needs to Worry About Stamp Duty Land Tax Incentives
The Lloyds Banking Group – via Halifax- are offering (on qualifying mortgage applications made between 4 March and 6 May 2014 inclusive) an incentive relative to first time buyers. The offer repeats one that ran for part of last year. The Halifax said that last year, this offer helped 14,000 borrowers. According to Lloyds they…
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Santander and Lloyds Conveyancing Panel Portal Costs Questioned by Law Society
The following statement was issued yesterday by the Law Society of Scotland to Scottish Solicitors with an interest in conveyancing. Dear colleague I am writing to you about a serious and developing issue which is important for all firms carrying out residential property work. I have written separately to all cash room partners, asking them…
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The Lloyds Warning That is Equally Applicable to Conveyancers
Lloyds Banking Group has warned brokers that the increase in paper work associated with the Mortgage Market Review changes may increase the risk of fraud and they need to remain vigilant. In the same way that brokers are faced with new administrative burdens the same is also true of conveyancers who in recent times face…
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Concerns Raised by Law Society Over Lloyds Conveyancing Panel Conditions
Lloyds has upped the ante for its conveyancing panel members and The Law Society of Scotland doesn’t like it. What Decision First, the Lloyds Conveyancing Panel Manager, has done is made the simple act of acting for any mortgage lender in the Lloyds Banking Group an assumed acceptance of the lender’s Terms. Only nonacceptance required…
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Lloyds Conveyancing Panel Portal Providers Hit Back at the Law Society
The relationship between Decision First and the Law Society is becoming increasingly strained as the adoption of the Lender Exchange by lenders such as Lloyds undermines the value of CQS. The Lender Exchange is a web portal which aims to address the issue of multiple lenders seeking similar information from solicitors in order to better…
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Removed From a Lender Conveyancing Panel?
If your firm has been removed from the Santander Conveyancing Panel or Lloyds or Nationwide BS , and you wish to appeal that decision, then you can write to the relevant address below. It is essential that you state your firm’s panel number on any letter of appeal. If you require guidance about your letter…