Halifax Conveyancing Panel To Help Lawyers Not Just Lenders

The creators of the Lender Exchange, the platform behind the proposed Halifax Conveyancing Panel Portal have declared that the technology “will benefit law firms”,

In response to vocalised and ongoing suspicion on the part of property solicitors  that the new scheme has been set up solely in the interest of lenders, Decision First have said “There is no doubt that lenders will see benefits in their panel management activities, but what we’re launching is more about delivering benefits to law firms than to lenders,”.

Talking to Solicitors Journal, Decision First director Justin Parkinson said that the original launch date of 31 March had been pushed back by four weeks to late April as the company was still testing processes and migrating data held by law firms on the Santander conveyancing panel, one of the main three lenders that have signed up to the scheme at launch. No dates have yet been announced for the Halifax (or Lloyds group) portal.

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