Accord Mortgages Conveyancing Panel Information

The CML, along with Accord Mortgages and other lenders created a standard set of instructions where a conveyancer is acting for a lender such as Accord Mortgages alone in a residential conveyancing transaction. These obligations are contained at Part Three of the UK Finance Lenders’ Handbook and are to be read together with Part I and II. The CML have published an example requirements letter to the borrower’s lawyer for use by the lender's conveyancer, and sets out to the borrower's conveyancer, the documentary and information requirements of the lender's panel solicitor.

One might ordinarily expect Accord Mortgages via their Part Two conditions to address this but the Handbook is silent on deadlines to send deeds. Do look at the Terms of Accord Mortgages’s Conveyancing Panel Appointment that you previously signed. For many lender's these Terms have a clause along the following lines: ‘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’ It is important to keep Accord Mortgages updated. Law firms can often compound their problems by not communicating with the lender when there is a delay or problem.

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.

13 consumers search for a property lawyer on the Accord Mortgages panel each month in Hendon. Feel free to contact the Lexsure team who will tell how your firm can be listed by those searching for conveyancing in Hendon.

In this situation please clarify on the form what action you have taken to discover 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 revocation 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 communicate with Accord Mortgages to obtain standard documents. The The Council of Mortgage Lenders Handbook includes a specific question for banks to enumerate who to contact to obtain standard documents. Accord Mortgages in their Part 2’s state: It is likely that you will need to quote the firm’s Accord Mortgages solicitors panel number.