Mortgage Express (No 2) Conveyancing Panel Information

The Council of Mortgage Lenders do not hold historic copies of P2 requirements Pre January 2011. We would recommend you contact Mortgage Express (No 2) directly.

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)
• Disclosure/Notification to Lender analysis indicating frequency and nature of disclosures - to include benchmarking analysis against aggregate data
• Average time frame to send deeds to the lender (calculated from completion date or title registration)
• Average time frame to register charges at the Land Registry
• Evidence of undertaking logs

With banks and property lawyers working so closely with one another it is surprising that there has not been greater demand for the introduction of a bit of transparency regarding not just the figures for the Mortgage Express (No 2) conveyancing panel but for all lender panel listings

The best placed professionals to answer this question are your insurance brokers. The chances are that on the basis that you have not been removed for fraud or negligence reasons that there will be little or no impact. The main reason why a firm would be removed off of a lender panel is due to low volume of conveyancing cases although there may be a number of criteria for Mortgage Express (No 2) solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You should communicate with Mortgage Express (No 2) to obtain standard documents. The CML Handbook contains an explicit question for banks to establish who to contact to obtain standard documents. Mortgage Express (No 2) in their Part 2’s state: You will need to disclose the firm’s Mortgage Express (No 2) conveyancing panel number.