Investec Conveyancing Panel Information

There are many reports available, five of which are as follows:

• Buy to Let transactions
• Average time frame to send deeds to the lender (calculated from completion date or title registration)
• Evidence of undertaking logs
• Average time frame to register charges at the Land Registry
• Number of conveyancing cases by lender

Please tread carefully here as what you are suggesting may not be acceptable to the mortgage company. It is possible that you (as a non-panel firm) or the mortgage applicant are not at liberty instruct a panel firm of your choice. An increasing amount of lenders are making it clear to their panel firms that where a non-panel member firm is instructed by one of their mortgage applicants, the lender must appoint a panel firm to carry out its instructions and to liaise with the borrower's conveyancer. You also need to make the costs implications and potential for delay very clear to your client.

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 Investec conveyancing panel to see if you are entitled to a reason.

CQS accreditation gives no guarantee to lender panel acceptance. Nevertheless the CML have indicated that it is likely to become a prerequisite for firms wishing to join their approved list of conveyancing solicitors. A number of Lenders now use the Conveyancing Quality Scheme accreditation as the starting point for Panel membership as is the case with Astra Mortgages.

You would be advised to communicate with Investec to obtain standard documents. The The Council of Mortgage Lenders Handbook has an individual inquiry for banks to set out who to contact to obtain standard documents. Investec in their Part 2’s state: You will need to disclose the firm’s Investec conveyancing panel number.