Looking for information about your firm's panel status?
LiveMore Conveyancing Panel: Recently Asked Questions
Are LiveMore Conveyancing panel solicitors duty bound to disclose incentives?
LiveMore’s answer to this question can be found at section 6.4.4 of their CML Part 2 requirements
Can my firm submit a complaint to the Council of Mortgage Lenders about being excluded from the LiveMore conveyancing panel?
The CML is an association rather than a regulator and therefore will not advise on complaints against lenders. You can of course contact Lexsure to see if we can help.
Is it probable that
LiveMore
will appoint an alternative solicitor on the
LiveMore
conveyancing panel for a further advance during the lifetime of a mortgage?
Paragraph 16.2.1 of Part 1 of the Handbook relevant to a solicitor on the
LiveMore
conveyancing panel reads ‘Our mortgage secures further advances. Consequently, when a further advance is required for alterations or improvements to the property we will not normally instruct a member of our conveyancing panel but if you are instructed the appropriate provisions of this Handbook will apply’.
Is it the case that the Law Society has advised that firms check their status on the
LiveMore conveyancing panel?
The Law Society of Scotland has suggested that solicitors should check their panel status with lenders before accepting client instructions to act. The advice is lender-agnostic as it does not relate specifically to solicitors on the
LiveMore conveyancing panel. The suggestion arises from the practice of a number of mortgage lenders who remove solicitors from their panels without prior notice as part of their panel management system, which can lead to some solicitors discovering this only once instructed. This is sensible advice as a client finding out midway through a transaction that their lawyer is not on the approved lender panel is very frustrating and can lead to complaints. Many online consumer forums contain posts where someone is complaining about finding that their lawyer is not on a lender conveyancing panel. Such forums include moneysavingexpert.com
What type of firms do building societies accept on their Conveyancing Panels?
In the same way that there is a unique LiveMore
conveyancing panel most building societies, operate a conveyancing
panel for solicitors and other conveyancers that the lender will
instruct. Terms and Conditions and criteria for inclusion on a
building society conveyancing panel vary from lender-to-lender. Having
CQS accreditation may be a requirement. Institutional lenders, such
as a building society, is a client and is entitled to instruct the
solicitor or conveyancer of its choosing (who, in turn, is free to
accept or refuse instructions). Therefore, if lender and borrower
cannot agree which solicitor or conveyancer should represent them
jointly, they would usually proceed on a separate representation
basis. The BSA have not published the equivalent of the UK Finance Lenders’ Handbook
Part 3s.
My firm has just been advised that it’s LiveMore panel membership revoked but we have not yet been given a reason as to why.
I am completing a CQS renewal form what information must I report?
In the circumstances please explain on the application what action you have taken to discover the reasons behind cancellation of your
LiveMore 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?
My firm is listed on the
LiveMore
conveyancing panel and scheduled to complete a purchase shortly. I dont have a Mortgage Deed for the client to sign.
Who do I contact at LiveMore to request substitute deeds?
You would be advised to communicate with LiveMore
to obtain standard documents. The The Council of Mortgage Lenders Handbook has an individual question for banks to reveal who to contact to obtain standard documents.
LiveMore in their Part 2’s state:
Please remember to disclose your LiveMore solicitors panel reference.
Find a Lawyer on the LiveMore Conveyancing Panel
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Average number of days to register title including a charge in favour of LiveMore
This information relates to purchase only and not remortgages.
Year | Days* |
---|---|
2025 | [no data] |
2024 | [no data] |
2023 | [no data] |
2022 | [no data] |
2021 | [no data] |
2020 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited LiveMore Firms
- Draft Report on Title precedent for LiveMore borrowers
- Draft Anti Money Laundering PolicyTemplate for LiveMore panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the LiveMore lender panel
- Buy-to-Let help for LiveMore
- Consent-to-Let help for LiveMore
- Contractor Mortgages with LiveMore