Accord Mortgages Conveyancing Panel Information

This not something that the CML would traditionally get involved with but they do organise a number of useful legal related conferences which are attended by firms on the Accord Mortgages conveyancing panel. It is our intention to run specific lender focused seminars in the coming months including a webinar on Accord Mortgages’s Part 2 obligations. Solicitors on the Accord Mortgages conveyancing panel are welcome. Further details will be made available as part of the LENDERmonitor Alerts.

In order to be on the Accord Mortgages conveyancing panel solicitors have to complete an application form and agree Terms and Conditions. A sample of 5 conditions that we see amongst many lenders Terms (but not necessarily Accord Mortgages) are as follows:

• You have the consent of all borrowers to apply for the deeds, before making any request for deeds. We will accept your request for deeds on the understanding that you have obtained such consent. If this is not the case then you should advise our Deeds Services Department in writing when you make your request
• To keep us informed of the reasons for any delay in your being able to send the title deeds and documents we require to us within 3 months of completion or evidence of proof of registration within that period. (We will send reminders if the deeds have not been received but will not acknowledge receipt of deeds.)
• To quote on all communications with us relating to deeds/registration issues, whether by telephone or in writing, the panel number that we provide for each practising address and the mortgage account or application number for the mortgage concerned.
• Without prejudice to your obligation to comply in full with the Safeguards provisions in the CML Lenders’ Handbook, to report to us as soon as possible any suspicion that you have about the genuineness of any transaction in any respect.
• If you are a sole practitioner, to arrange for appropriate locum cover from our panel where necessary. Your locum must be a member of the Conveyancing panel.

The key here is the caveat ‘more onerous’. You have to try and take an objective view as to whether the Terms relating to the Accord Mortgages conveyancing appointment (or other terms for other lenders) are ‘more onerous’ than the UK Finance Lenders’ Handbook Conditions. Depending on the Terms you may need to provide details on your renewal form. If you are in any doubt please call your broker to discuss before completing the answer.

5 potential conveyancing clients search for a conveyancing practitioner on the Accord Mortgages panel on a monthly basis in Hendon. Please contact the team at lenderpanel.com to see how your firm can be found by those searching for conveyancing in Hendon.

In the circumstances please clarify on the application what action you have taken to find out the reasons behind cancellation of your Accord Mortgages panel status. In particular please provide details if you have received communications from the lender. E.G. before termination of your panel membership did you receive any letters or calls from the lender informing you as to why they reached this decision?

You need to contact Accord Mortgages to obtain standard documents. The CML Handbook contains an explicit inquiry for banks to cite who to contact to obtain standard documents. Please remember to quote the firm’s Accord Mortgages conveyancing panel number.