Accord Mortgages Conveyancing Panel Information

We are not aware of any intention on the part of the CML to develop such a search facility.

Lexsure only know of a couple of lenders that operate a distinct approved solicitors panel where the mortgage advance is over a certain amount. You should nevertheless check directly with Accord Mortgages. At one stage HSBC would only allow Sole practitioners to act for them where the mortgage was below £150,000. We are not sure if HSBC still operate such a condition. In your case it is best to check with Accord Mortgages

Most lenders do not operate a specific buy to let conveyancing panel but we are hearing about a few that do. We do not know what the position is with Accord Mortgages as at todays date. If you're about to receive instructions from a client on a buy to let purchase with a mortgage from Accord Mortgages we suggest that you call Accord Mortgages to check the position.

For most lenders participation on the lender's panel of conveyancers is at the absolute discretion of the the lender. Many lenders reserve the right to accept or reject any application without giving any reason. You should check your original application to join the Accord Mortgages conveyancing panel to see if you are entitled to a reason.

In this situation please clarify on the application what steps 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 would be advised to get in touch with Accord Mortgages to obtain standard documents. The The Council of Mortgage Lenders Handbook contains an express section for banks to cite who to contact to obtain standard documents. Accord Mortgages in their Part 2’s state: Always remember to disclose your Accord Mortgages conveyancing panel number.