JPMorgan Conveyancing Panel Information

Lexsure has not been advised of any intention on the part of the CML to develop such a register.

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

• The percentage of the firm’s business which is conveyancing (broken down into sale/purchase and remortgage)
• Average time frame to send deeds to the lender (calculated from completion date or title registration)
• Evidence of undertaking logs
• Disclosure/Notification to Lender analysis indicating frequency and nature of disclosures - to include benchmarking analysis against aggregate data
• Average time frame to register charges at the Land Registry

Assuming that your firm in is on the JPMorgan conveyancing panel and you are instructed by them in relation to a leasehold property, you must report to them if it becomes apparent that the landlord is either absent or insolvent. If JPMorgan are to lend, they may require indemnity insurance. In any event,you will need to check JPMorgan’s specific requirements. Notwithstanding whether JPMorgan will lend in such circumstances you still need to advise the borrower (unless you are acting for JPMorgan alone) as to the risks of buying a property with an insolvent or absentee landlord.

5 people search for a conveyancer on the JPMorgan panel each month in Hendon. Please contact the team at lenderpanel.com to see how your firm can be identified by those searching for conveyancing in Hendon.

You should supply details of the date of removal, information on the reason for removal, date of appeal and any reason given for reinstatement. This should not negatively affect your firm’s application but gives the Law Society viability as to what has happened.

You need to contact JPMorgan to obtain standard documents. The The Council of Mortgage Lenders Handbook includes an express question for banks to establish who to contact to obtain standard documents. JPMorgan in their Part 2’s state: Don’t forget to disclose the firm’s JPMorgan conveyancing panel reference.